### Question
How is the term rural cooperative plan defined?


### Answer
The term **rural cooperative plan** is defined in *26 U.S.C. § 401* as the following:

> any pension plan—



(i) which is a defined contribution plan (as defined in section 414(i)), and



(ii) which is established and maintained by a rural cooperative

#### Citation:
  - *26 U.S.C. § 401*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter D-Deferred Compensation, Etc. > PART I-PENSION, PROFIT-SHARING, STOCK BONUS PLANS, ETC. > Subpart A-General Rule**

