### Question
Can you define what exempt governmental deferred compensation plan means?


### Answer
**Exempt governmental deferred compensation plan** is defined as the following in *26 U.S.C. § 3121*:

> any plan providing for deferral of compensation established and maintained for its employees by the United States, by a State or political subdivision thereof, or by an agency or instrumentality of any of the foregoing

#### Citation:
  - *26 U.S.C. § 3121*
  - Heading: **Subtitle C-Employment Taxes > CHAPTER 21-FEDERAL INSURANCE CONTRIBUTIONS ACT > Subchapter C-General Provisions**

