qualified optional survivor annuity
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 417 — for purposes of this section (6 versions over time)
For purposes of this section, the term “qualified optional survivor annuity” means an annuity—
(A) for the life of the participant with a survivor annuity for the life of the spouse which is equal to the applicable percentage of the amount of the annuity which is payable during the joint lives of the participant and the spouse, and
(B) which is the actuarial equivalent of a single annuity for the life of the participant.
29 U.S.C. § 1055 — for purposes of this section (4 versions over time)
For purposes of this section, the term “qualified optional survivor annuity” means an annuity—
(i) for the life of the participant with a survivor annuity for the life of the spouse which is equal to the applicable percentage of the amount of the annuity which is payable during the joint lives of the participant and the spouse, and
(ii) which is the actuarial equivalent of a single annuity for the life of the participant.