Who May Participate in a 403(b) Plan?
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Who May Participate in a 403(b) Plan?
Employees of non-profit organizations, such as hospitals, museums, public foundations, churches, research organizations, and local governments are eligible for participation in 403(b) plans. Part-time employees may participate in all qualified plans unless they are expressly prohibited because of individual plan requirements. In addition, employers may establish eligibility guidelines for different classes of employees.