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47. Non-transferability of annuities

0325 Publ 6088 (PDF) · 2026-10-03 edition · updated 2026-10-04 · United States

Statement of Requirement: Code § 401(g)

Sample Plan Language:

An annuity contract used to fund the Plan must be nontransferable if any person other than the trustee is the owner of the contract.

Any annuity contract distributed here from must be nontransferable.

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