### Question
How does PROTECTION OF EMPLOYEE BENEFIT RIGHTS define individual account plan?


### Answer
Under *29 U.S.C. § 1021*, **individual account plan** is defined as:

> provided such term in section 1002(34) of this title, except that such term shall not include a one-participant retirement plan.

#### Citation:
  - *29 U.S.C. § 1021*
  - Heading: **CHAPTER 18-EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 1-reporting and disclosure**

