- plan year
n.The one-year period in which a given benefits package remains in place, after which members and plan components may be modified.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- plan year
USAThe accounting period by which the financial and other records of an employee benefit plan are kept. The plan year can be a calendar, policy or fiscal year and does not need to coincide with the plan sponsor's taxable year.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
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