Annuity contract
Annuity contract means a contract that is issued by an insurance company qualified to issue annuities in a State and that includes payment in the form of an annuity. See 1.401(f)1(d)(2) and (e) for the definition of an annuity, and see 1.403(b)8(c)(3) for a special rule for certain State plans. See also 1.403(b)8(d) and 1.403(b)9(a) for additional rules regarding the treatment of custodial accounts and retirement income accounts as annuity contracts.