### Question
What does defined contribution plan" or "defined benefit plan mean?


### Answer
**Defined contribution plan" or "defined benefit plan** has the following meaning in *26 U.S.C. § 415*:

> a defined contribution plan (within the meaning of section 414(i)) or a defined benefit plan (within the meaning of section 414(j)), whichever applies, which is—


(A) a plan described in section 401(a) which includes a trust which is exempt from tax under section 501(a),


(B) an annuity plan described in section 403(a),


(C) an annuity contract described in section 403(b), or


(D) a simplified employee pension

#### Citation:
  - *26 U.S.C. § 415*
  - 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**

