### Question
Can you define what offset plan means?


### Answer
**Offset plan** is defined as the following in *26 U.S.C. § 401*:

> any plan with respect to which the benefit attributable to employer contributions for each participant is reduced by an amount specified in the plan

#### Citation:
  - *26 U.S.C. § 401*
  - 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 A-General Rule**

