accrued benefit of the employee under the plan . (2) Delay of repayment In the case of a qualified individual with an outstanding loan on or after the qualified beginning date from a qualified employer plan (as defined in section 72(p)(4) of the Internal Revenue Code of 1986)— (A) if the due date pursuant to subparagraph (B) or (C) of section 72(p)(2) of such Code for any repayment with respect to such loan occurs during the period beginning on the qualified beginning date and ending on December 31, 2019, such due date shall be delayed for 1 year, (B) any subsequent repayments with respect to any such loan shall be appropriately adjusted to reflect the delay in the due date under paragraph (1) and any interest accruing during such delay, and (C) in determining the 5-year period and the term of a loan under subparagraph (B) or (C) of section 72(p)(2) of such Code, the period described in subparagraph (A) shall be disregarded. (3) Qualified individual For purposes of this subsection— (A) In general The term qualified individual means any qualified Hurricane Florence individual, any qualified Hurricane Michael individual, any qualified Mendocino and Carr individual, and any qualified Camp, Woolsey, and Hill individual. (B) Qualified Hurricane Florence individual The term qualified Hurricane Florence individual means any individual whose principal place of abode on September 7, 2018, is located in the Hurricane Florence disaster area and who has sustained an economic loss by reason of Hurricane Florence. (C) Qualified Hurricane Michael individual The term qualified Hurricane Michael individual means any individual whose principal place of abode on October 7, 2018, is located in the Hurricane Michael disaster area and who has sustained an economic loss by reason of Hurricane Michael. (D) Qualified Mendocino and Carr individual The term qualified Mendocino and Carr individual means any individual whose principal place of abode during any portion of the period from July 23, 2018, to September 19, 2018, is located in