IRS provides guidance on certain distributions from terminating 403(b) plans 

https://www.irs.gov/newsroom/irs-prov...

https://accountinginstruction.info/

The Department of the Treasury and the Internal Revenue Service today issued guidance for employers and employees with terminating 403(b) plans that fund benefits through 403(b)(7) custodial accounts. The guidance reflects changes provided in the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act).