Great American Financial Resources, Inc. -

Repeat after us...Be calm. Be cool. Relax. We're here to make your transition to the new 403(b) regs an easier job!

Specialized experience in 403(b) and 457 plans for more than 30 years
Great American Plan Administrators, Inc., our third party administrator,* has more than 150 years of cumulative management team experience in Non-ERISA 403(b) and 457 plan administration
Proud to be American owned
Superior financial ratings
Represented in thousands of schools nationwide
Email your questions to 403bregs@gafri.com.

For Employees:

When is authorization required from my plan administrator?
Loan or distribution	YES Generally, your request for a loan or distribution from your 403(b) contract will be directed to the plan administrator. The plan administrator will now be required to approve and provide sign-off on most requests before the 403(b) contract provider can process your request.
Exchange of 403(b) funds from one product provider to another	YES Pre-approval from the plan administrator is generally required. In most cases, approval will be required even if you are retired or have left the employment of the employer that sponsors the 403(b) plan.
Required Minimum Distributions (RMDs)	YES Approval from the plan administrator is generally required.
No contributions after 12/31/04	NO No pre-approval is required if your employer has made no contributions to any plan since December 31, 2004.
Contributions from 1/1/05 through today	YES Pre-approval from the plan administrator is generally required.
Transferred assets on or prior to 9/24/07	NO No pre-approval is required if assets were transferred to your 403(b) contract on or before September 24, 2007.
Assets received on or after 1/1/09	YES Pre-approval from the plan administrator is generally required.

403(b) Plan Servicing Forms

Updates and Advertisements Archive

403(b) Sample Plan Document 03/08
403(b) Model Plan Addendum 03/08
SCHOOL Q & A 10/07 (For AGENT version, log onto AILIC site)
10 Things to Know 10/07
The New Regulations - Q & A 8/07
Final Regs Webinar - Full Webinar 8/07

Audio begins at 105 - To view timer, double-click on the slide

The New Regulations Released July 23, 2007 7/07
Final Regs Webinar - Slideshow Only 7/07
Summary of the New Regulations 7/07
403(b) Regs District Admin 4/07
403(b) Regs New Year 2007 Update 7/07

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Resources
http://www.irs.gov/retirement/article/0,,id=172430,00.html
http://www.irs.gov/pub/irs-tege/se_0707.pdf
http://www.treas.gov/press/releases/hp501.htm
Dept of Labor Field Assistance Bulletin
IRS Presentation on Final 403(b) Regs
For Schools – IRS Presentation on Final 403(b) Regs
For TPA Services: http://www.gaplandata.com/

Make Your Job Easier!
Let Great American Financial Resources, Inc. be your retirement planning partner. Contact us for more information.

Partners
Providing us with expert guidance and advice is Davis & Harman LLP, based in Washington, D.C. Founded in 1985, they have built a strong reputation as experts with government entities in Washington and our industry partners. Davis & Harman LLP is providing consultative services regarding the new 403(b) regulations. Together, we presented webinars in July and August 2007. If missed or you would like to refer back, we invite you to view or listen in using the above links. They will help guide you from the basics of the regulations to steps for transition to implementation.

This information is not intended or written to be used as legal or tax advice. As a taxpayer, you cannot use it for the purpose of avoiding penalties that may be imposed under the tax laws. You should seek advice on legal or tax questions based on your particular circumstances from an independent attorney or tax advisor.

*In certain situations, common remitting services are provided by subsidiary Great American Advisors, Inc. DBA GALIC Disbursing Company. Great American Advisors, Inc. is a registered broker-dealer and Member NASD, located at 525 Vine Street, Cincinnati, OH 45202.