§ 401(k)(7)(A)

a rural cooperative plan

UNDECIDED

0 of 2 settled

  1. 1

    § 401(k)(7)(A)

    ALL OF

    The term “rural cooperative plan” means any pension plan—

    “any pension plan—” Opening words
    “which is a defined contribution plan (as defined in section 414(i)), and” § 401(k)(7)(A)(i) needs Step 2 a defined contribution plan UNDECIDED
    “which is established and maintained by a rural cooperative.” § 401(k)(7)(A)(ii)
  2. 2

    § 414(i)

    a defined contribution plan

    ALL OF
    “a plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant’s account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which may be allocated to such participant’s account.” Opening words
    “provides for an individual account for each participant”
    “for benefits based solely on the amount contributed to the participant’s account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which may be allocated to such participant’s account”