annual retirement benefit
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “annual retirement benefit” means a benefit payable annually in the form of a single life annuity (with no ancillary benefits) beginning at the normal retirement age under the plan.
Source
- 1994–present26 U.S.C. § 416Internal Revenue Code · Special rules for top-heavy plans · in this section