403(b) Plan Employer Contributions

This document is about the Department of Labor providing an advisory opinion on whether an employer's maintenance of a 401(a) money purchase plan with contributions based on the employee's 403(b) salary deferrals would affect the 403(b) plan's ERISA safe harbor status. The key issue is whether the employer's actions would be inconsistent with the limited employer involvement permitted under the 403(b) safe harbor regulation.