eligible individual account plan
Defined in 1 dictionary — U.S. Code
United States Code
29 U.S.C. § 1107 — for purposes of this section (6 versions over time)
The term “eligible individual account plan” means an individual account plan which is (i) a profit-sharing, stock bonus, thrift, or savings plan; (ii) an employee stock ownership plan; or (iii) a money purchase plan which was in existence on September 2, 1974, and which on such date invested primarily in qualifying employer securities. Such term excludes an individual retirement account or annuity described in section 408 of title 26.