Benefits Portal

New 403(b) Regulations

The Treasury department, via the Internal Revenue Service, published new 403(b) regulations on July 26, 2007, consolidating over 40 years of regulatory guidance.  The majority of the new rules are effective beginning January 1, 2009, providing California State University (CSU) time to incorporate key changes into our Tax Sheltered Annuity (TSA) program. 

The CSU made one key decision regarding 90-24 transfers, and released a letter to affected employees on September 21, 2007. To read the letter in its entirety, please click onto the following link:

Letter Regarding 90-24 Transfers and Suspension

Additional actions regarding the regulations are described in a letter to participants on August 8, 2008. To read the letter in its entirety, please click onto "Changes in 2009."