403(b) Answer Book, Sixth Edition: 2006 Cumulative Supplement (403(b) Answer Book)

403(b) Answer Book, 2006 Cumulative Supplement, brings the practitioner up to date on administrative developments and changes, including the following: Discussion of IRS guidance regarding 403(b) plans affected by Hurricane Katrina Proposed guidance regarding Roth 403(b) contributions Discussion of proposed regulations, and their status and the extent to which the proposed regulations may be relied upon by practitioners, employers, and annuity contract and custodial account issuers Treatment and administration of participant loans Duty of plan fiduciary to collect repayments on a participant loan Investment blackout periods, blackout notices, and duration of blackouts Application of securities laws when compiling plan investment information The right of participants to obtain written confirmation of their investment instructions DOL interpretive guidance relating to investment education for participants Gap-fillers and default provisions in bebeficiary designation forms Survivor benefits required under ERISA for a spouse Common mistakes with beneficiary designations Special rules that apply when a plan is subject to ERISA and when a plan would fall within the safe harbor exemption from ERISA Three possible ways to demonstrate nondiscrimination compliance Special requirements applying to cross-tested 403(b) plans When an interest in a pooled or collective investment vehicle should be considered issued directly to eligible employee The SEC's position on the employer's obligation to provide eligible employees with prospectuses and other reports How to correct plan and contract errors, including when plan sponsors need to go to the IRS