### Question
What is the definition of eligible individual account plan?


### Answer
The definition of **eligible individual account plan** is as follows in *29 U.S.C. § 1107*:

> an individual account plan which is (i) a profit-sharing, stock bonus, thrift, or savings plan

#### Citation:
  - *29 U.S.C. § 1107*
  - Heading: **CHAPTER 17-COMPREHENSIVE EMPLOYMENT AND TRAINING PROGRAMS > SUBCHAPTER I-PROTECTION OF EMPLOYEE BENEFIT RIGHTS > Subtitle B-Regulatory Provisions > part 4-fiduciary responsibility**

