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 05-18-92; 11-17-03; 02-19-07; 01-19-09; 07-11-11; 04-06-16
Revised 06-15-92; 12-15-03; 02-09-09