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As the panel on Planetary Systems and Star Formation (PSF) is fully aware,the next decade will see major advances in our understanding of these areas ofresearch. To quote from their charge, these advances will occur in studies ofsolar system bodies (other than the Sun) and extrasolar planets, debris disks,exobiology, the formation of individual stars, protostellar and protoplanetarydisks, molecular clouds and the cold ISM, dust, and astrochemistry. Central tothe progress in these areas are the corresponding advances in laboratory astro-physics which are required for fully realizing the PSF scientific opportunitiesin the decade 2010-2020. Laboratory astrophysics comprises both theoretical andexperimental studies of the underlying physics and chemistry which produce theobserved spectra and describe the astrophysical processes. We discuss fourareas of laboratory astrophysics relevant to the PSF panel: atomic, molecular,solid matter, and plasma physics. Section 2 describes some of the newopportunities and compelling themes which will be enabled by advances inlaboratory astrophysics. Section 3 provides the scientific context for theseopportunities. Section 4 discusses some experimental and theoretical advancesin laboratory astrophysics required to realize the PSF scientific opportunitiesof the next decade. As requested in the Call for White Papers, we present inSection 5 four central questions and one area with unusual discovery potential.We give a short postlude in Section 6.

New Discoveries in Planetary Systems and Star Formation through Advances in Laboratory Astrophysics