412.4 - Classified Employee Tax Shelter Programs

The board authorizes the administration as of January 1, 2009 tax sheltered annuities will no longer be offered to our employees.

 

 

Legal Reference:  Small Business Job Protection Act of 1996, Section 1450(a), repealing portions of IRS REG § 1.403(b)-1(b)(3).
                                       Iowa Code §§ 20.9; 260C; 273; 294.16 (2001).
                                       1988 Op. Att'y Gen. 38.
                                       1976 Op. Att'y Gen. 462, 602.
                                       1966 Op. Att'y Gen. 211, 220.

Cross Reference:  706       Payroll Procedures

Approved 01-15-90                        
Reviewed 11-17-03; 03-19-07; 01-19-09; 07-11-11; 04-06-16
Revised 12-15-03; 02-09-09