29 C.F.R. § 2550.403b-1

By using this site, users agree to the Terms of Use on the Welcome page.

Exemptions from trust requirement.

eCFR editorial change effective 2017-01-01 · current · last amended by 47 FR 21247, May 18, 1982

PrintCompare dates Ask AI about this section Official source ↗

(a) Statutory exemptions. The requirements of section 403(a) of the Act and section 403a-1 shall not apply—

(1) To any assets of a plan which consist of insurance contracts or policies issued by an insurance company qualified to do business in a State;

(2) To any assets of such an insurance company or any assets of a plan which are held by such an insurance company;

(3) To a plan—

(i) Some or all of the participants of which are employees described in section 401(c)(1) of the Internal Revenue Code of 1954; or

(ii) Which consists of one or more individual retirement accounts described in section 408 of the Internal Revenue Code of 1954. To the extent that such plan's assets are held in one or more custodial accounts which qualify under section 401(f) or 408(h) of such Code, whichever is applicable;

(4) To a contract established and maintained under section 403(b) of the Internal Revenue Code of 1954 to the extent that the assets of the contract are held in one or more custodial accounts pursuant to section 403(b)(7) of such Code.

(5) To any plan, fund or program under which an employer, all of whose stock is directly or indirectly owned by employees, former employees or their beneficiaries, proposes through an unfunded arrangement to compensate retired employees for benefits which were forfeited by such employees under a pension plan maintained by a former employer prior to the date such pension plan became subject to the Act.

Source credit, amendments & notes

[47 FR 21247, May 18, 1982]

29 C.F.R. § 2550.403b-1 — Exemptions from trust requirement. · eCFR editorial change effective 2017-01-01 · https://pensionresource.website/EAMain?content=EAMain.Law&id=cfr29-2550.403b-1 · printed Oct 16, 2026

Implements

ERISA § 403 (29 U.S.C. § 1103) Establishment of trust

No guidance in the library cites this section yet.

No court rulings in the library cite this provision yet.

No private letter rulings in the library cite this provision yet.

Each row is a version of the text as published by the official source. Code dates are the edition/release point that first reflected the change; regulation dates are eCFR effective dates. The library checks the official sources automatically, so new versions appear here on their own; “run” opens the sync that recorded a version.

Effective	Through	Source	Amended by
Jul 1, 1997	current	eCFR editorial change effective 2017-01-01 run 2	47 FR 21247, May 18, 1982	View

Provision-level history (blame)