### Question
Can you define what transition period means?


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

> 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**

