406.6 - Licensed 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 05-18-9211-17-0302-19-07; 01-19-09; 07-11-11; 04-06-16
Revised 06-15-92; 12-15-03; 02-09-09