### Question
How is the "exempt governmental deferred compensation plan" defined?


### Answer
The term **exempt governmental deferred compensation plan** is defined in *26 U.S.C. § 3121* as follows -

> 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**

