Common use of QUALIFIED CONTRACT Clause in Contracts

QUALIFIED CONTRACT. A contract that is issued apart from any Qualified Plan and therefore is not subject to the requirements of Sections 401, 403, 408, or 408A of the Internal Revenue Code, as amended.

Appears in 3 contracts

Sources: Annuity Contract (Jackson National Life Insurance Co of New York), Annuity Contract (Jackson National Life Insurance Co of New York), Annuity Contract (Jackson National Life Insurance Co of New York)