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periodic payment

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 3405 — for purposes of this section

The term “periodic payment” means a designated distribution which is an annuity or similar periodic payment.

26 U.S.C. § 7702B — for purposes of this section

For purposes of this subsection, the term “periodic payment” means any payment (whether on a periodic basis or otherwise) made without regard to the extent of the costs incurred by the payee for qualified long-term care services.

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