### Question
How does the law define applicable plan year?


### Answer
Under *26 U.S.C. § 412*, **applicable plan year** is defined as:

> any plan year beginning after December 27, 2003, and before December 28, 2005, for which the employer elects the application of this paragraph

#### Citation:
  - *26 U.S.C. § 412*
  - 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**

