§ 3405(e)(3)

a nonperiodic distribution

UNDECIDED

0 of 5 settled

  1. 1

    § 3405(e)(3)

    ALL OF
    “any designated distribution” needs Step 2 a designated distribution UNDECIDED
    “is not a periodic payment” unless Step 5 periodic payment UNDECIDED
  2. 2

    § 3405(e)(1)(A)

    a designated distribution

    ANY OF

    Except as provided in subparagraph (B), the term “designated distribution” means any distribution or payment from or under—

    NOT“Except as provided in subparagraph (B),” Opening words
    “any distribution or payment from or under—” Opening words
    “an employer deferred compensation plan,” § 3405(e)(1)(A)(i) needs Step 3 is an employer deferred compensation plan UNDECIDED
    “an individual retirement plan (as defined in section 7701(a)(37)), or” § 3405(e)(1)(A)(ii)
    “a commercial annuity.” § 3405(e)(1)(A)(iii) needs Step 4 a commercial annuity UNDECIDED
  3. 3

    § 3405(e)(5)

    is an employer deferred compensation plan

    ALL OF
    “any pension, annuity, profit-sharing, or stock bonus plan or other plan deferring the receipt of compensation.”
  4. 4

    § 3405(e)(6)

    a commercial annuity

    ALL OF
    “an annuity, endowment, or life insurance contract”
    “issued by an insurance company licensed to do business under the laws of any State”
  5. 5

    § 3405(e)(2)

    periodic payment

    ALL OF
    “a designated distribution which is an annuity or similar periodic payment.”