Nevada Revised Statutes 353D.090 – ‘Individual Retirement Account’ defined. [Effective July 1, 2025.]
Current as of: 2023 | Check for updates
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‘Individual Retirement Account’ means an individual retirement account or an individual retirement annuity established under section 408 or 408A of the Internal Revenue Code, 26 U.S.C. § 408 or 408A.
Terms Used In Nevada Revised Statutes 353D.090
- 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.