qualified transfer
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 2503 — for purposes of this chapter (4 versions over time)
For purposes of this subsection, the term “qualified transfer” means any amount paid on behalf of an individual—
(A) as tuition to an educational organization described in section 170(b)(1)(A)(ii) for the education or training of such individual, or
(B) to any person who provides medical care (as defined in section 213(d)) with respect to such individual as payment for such medical care.
26 U.S.C. § 420 — for purposes of this section (3 versions over time)
The term “qualified transfer” means a transfer—
(A) of excess pension assets of a defined benefit plan to a health benefits account, or an applicable life insurance account, which is part of such plan,
(B) which does not contravene any other provision of law, and
(C) with respect to which the following requirements are met in connection with the plan—
(i) the use requirements of subsection (c)(1),
(ii) the vesting requirements of subsection (c)(2), and
(iii) the minimum cost requirements of subsection (c)(3).