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annuity contract

Defined in 2 places of the United States Code.

For purposes of this part, the term "annuity contract" includes a contract which provides for the payment of a variable annuity computed on the basis of—

Source

For purposes of this part, the term “annuity contract” includes a contract which provides for the payment of a variable annuity computed on the basis of—

(1) recognized mortality tables, and

(2)

(A) the investment experience of a segregated asset account, or

(B) the company-wide investment experience of the company.

Source

  • 201326 U.S.C. § 817Internal Revenue Code · Treatment of variable contracts · for purposes of this part

The term “annuity contract” includes a custodial account described in section 403(b)(7) and a retirement income account described in section 403(b)(9).

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