### Question
How is the term applicable amount defined?


### Answer
The term **applicable amount** is defined in *26 U.S.C. § 4980* as the following:

> any amount which—



(i) is transferred after March 31, 1985, and before January 1, 1989, or



(ii) is transferred after December 31, 1988, pursuant to a termination which occurs after March 31, 1985, and before January 1, 1989

#### Citation:
  - *26 U.S.C. § 4980*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 43-QUALIFIED PENSION, ETC., PLANS**

