eligible defined contribution plan

Defined in 1 place of the United States Code.

For purposes of this section, the term "eligible defined contribution plan" means, with respect to any eligible small employer, any defined contribution plan (as defined in section 414(i)) of such employer if, under the terms of such plan—

Source

2022–2026 26 U.S.C. § 45AAInternal Revenue Code · Military spouse retirement plan eligibility credit for small employers · for purposes of this section

For purposes of this section, the term “eligible defined contribution plan” means, with respect to any eligible small employer, any defined contribution plan (as defined in section 414(i)) of such employer if, under the terms of such plan—

(1) military spouses employed by such employer are eligible to participate in such plan not later than the date which is 2 months after the date on which such individual begins employment with such employer, and

(2) military spouses who are eligible to participate in such plan—

(A) are immediately eligible to receive an amount of employer contributions under such plan which is not less the amount of such contributions that a similarly situated participant who is not a military spouse would be eligible to receive under such plan after 2 years of service, and

(B) immediately have a nonforfeitable right to the employee’s accrued benefit derived from employer contributions under such plan.

Source

2026–present 26 U.S.C. § 45AAInternal Revenue Code · Military spouse retirement plan eligibility credit for small employers · for purposes of this section