### Question
How is the term transition period defined?


### Answer
The term **transition period** is defined in *26 U.S.C. § 410* as the following:

> the period—



(I) beginning on the date of the change in members of a group, and



(II) ending on the last day of the 1st plan year beginning after the date of such change

#### Citation:
  - *26 U.S.C. § 410*
  - 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 B-Special Rules**

