403(b)(7) new regulations as of yearend 2009

what is the year end regulation as of 2009 that I am hearing about on the 403(b) (7)?

Could you clarify that?

as of yearend all 403(b) (7) plans have to be rolled into a retirement plan openned to all eligible employees to participate otherwise all contributions made in 2009 are non qualified. is that correct? some one saw that on the IRS.gov website and I can not find it.



Perhaps this is what they were referring to. Click on universal availability:

http://www.irs.gov/retirement/article/0,,id=172433,00.html#u1



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