AFFORDABLE PLANS FOR NON-PROFIT EMPLOYERS
SECTION 403(b) PLAN
A Section 403(b) plan is a deferred compensation retirement program that is offered to employees of a tax-exempt organization under IRC Section 501(c)(3) or employees of certain educational organizations. A 403(b) plan is similar to a 401(k) plan in many respects; however, a 403(b) is subject to reduced non-discrimination testing and DOL/IRS reporting.
SECTION 457 PLAN
A Section 457 plan is a “nonqualified” deferred compensation retirement program that is maintained by a State, a political subdivision of a State, an agency or instrumentality of a State, or a tax-exempt organization.
InWest has an ASPPA Tax-Exempt & Governmental Plan Consultant on staff and offers turnkey plan design and compliance administration for both 403(b) and 457 retirement plans.
We also offer substantial fee discounts for non-profit employers.
Please Contact Us for a customized proposal.