individual medical benefit account
Defined in 1 place of the United States Code.
For purposes of paragraph (1), the term “individual medical benefit account” means any separate account—
(A) which is established for a participant under a pension or annuity plan, and
(B) from which benefits described in section 401(h) are payable solely to such participant, his spouse, or his dependents.
Source
- 1994–present26 U.S.C. § 415Internal Revenue Code · Limitations on benefits and contribution under qualified plans · for purposes of this section