99-514, § 1122(d)(2), amended second sentence generally. Prior to amendment, second sentence read as follows: "The employee shall include in his gross income the amounts received under such contract for the year received as provided in section 72 (relating to annuities)".
Subsec. (b)(1)(D). Pub. L. 99-514, § 1120(a), added subpar. (D).
Subsec. (b)(7)(A)(ii). Pub. L. 99-514, § 1123(c)(2), inserted "in the case of contributions made pursuant to a salary reduction agreement (within the meaning of section 3121(a)(1)(D))," after "section 72(m)(7)), or".
Subsec. (b)(7)(D). Pub. L. 99-514, § 1852(a)(3)(B), struck out subpar. (D) "Distribution requirements" which read as follows: "For purposes of determining when the interest of an employee in a custodial account must be distributed, such account shall be treated in the same manner as an annuity contract."
Subsec. (b)(8)(C). Pub. L. 99-514, § 1852(b)(10), inserted "and" before "(F)(i)".
Subsec. (b)(8)(D). Pub. L. 99-514, § 1852(a)(5)(B)(ii), added subpar. (D).
Subsec. (b)(10). Pub. L. 99-514, § 1120(b), added par. (10) relating to nondiscrimination requirements.
Pub. L. 99-514, § 1852(a)(3)(A), added par. (10) relating to distribution requirements.
Subsec. (b)(11). Pub. L. 99-514, § 1123(c)(1), added par. (11).
Subsec. (c). Pub. L. 99-514, § 1122(d)(3), amended last sentence generally. Prior to amendment, last sentence read as follows: "The amount actually paid or made available to any beneficiary under such contract shall be taxable to him in the year in which so paid or made available under section 72 (relating to annuities)."
1984 - Subsec. (a)(2)(A). Pub. L. 98-369, § 1001(b)(4), substituted "6 months" for "1 year", applicable to property acquired after June 22, 1984, and before Jan. 1, 1988. See Effective Date of 1984 Amendment note below.
Subsec. (a)(4)(A)(i). Pub. L. 98-369, § 522(a)(2), substituted "any portion of the balance to the credit of an employee in an employee annuity described in paragraph (1) is paid to him," for "the balance to the credit of an employee in an employee annuity described in paragraph (1) is paid to him in a qualifying rollover distribution."
Subsec. (a)(4)(B). Pub. L. 98-369, § 522(d)(9), substituted "(B) through (F)" for "(B) through (E)".
Subsec. (b)(1). Pub. L. 98-369, § 491(d)(12), struck out "or 409(b)(3)(C)" after "408(d)(3)(A)(iii)".
Subsec. (b)(7)(D). Pub. L. 98-369, § 521(c), added subpar. (D).
Subsec. (b)(8)(A)(i). Pub. L. 98-369, § 522(a)(3), substituted "any portion of the balance to the credit of an employee in an annuity contract described in paragraph (1) is paid to him" for "the balance to the credit of an employee is paid to him in a qualifying distribution".
Subsec. (b)(8)(B). Pub. L. 98-369, § 522(d)(10), substituted provisions relating to special rules for partial distributions for provisions relating to definition of qualifying distributions.
Subsec. (b)(8)(C). Pub. L. 98-369, § 522(d)(11), substituted "(F)(i)" for "(D)(v), and (E)(i)".
1983 - Subsec. (b)(3). Pub. L. 98-21 substituted "section 911" for "sections 105(d) and 911".
Subsec. (b)(8)(C). Pub. L. 97-448 substituted "subparagraphs (B), (C), (D)(v), and (E)(i) of section 402(a)(5)" for "subparagraphs (B), (C), and (E)(i) of section 402(a)(5)".
1982 - Subsec. (b)(2)(B). Pub. L. 97-248, § 251(a)(1), (c)(3), substituted "home health