Montana Code > Title 19 > Chapter 50 > Part 1 – General Provisions


§ 19-50-101	Definitions
§ 19-50-102	Deferred compensation programs permitted — rules
§ 19-50-103	No effect on other retirement programs — taxes deferred — Roth deferral exception
§ 19-50-104	Eligibility to catch up — normal retirement age

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Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
Contract: A legal written agreement that becomes binding when signed.
Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
Writing: includes printing. See Montana Code 1-1-203