qualified supplemental benefit
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term "qualified supplemental benefit" means any supplemental benefit described in subparagraph (C) if—
(i) there is a separately identified premium or charge for such benefit, and
(ii) any net surrender value under the contract attributable to any other benefit is not available to fund such benefit.
Source
- 2017–present26 U.S.C. § 807Internal Revenue Code · Rules for certain reserves · for purposes of this part
For purposes of this paragraph, the term “qualified supplemental benefit” means any supplemental benefit described in subparagraph (D) if—
(i) there is a separately identified premium or charge for such benefit, and
(ii) any net surrender value under the contract attributable to any other benefit is not available to fund such benefit.
Source
- 1994–201726 U.S.C. § 807Internal Revenue Code · Rules for certain reserves · for purposes of this part