Method of contributions, etc., having the effect of a plan; certain deferred benefits
(1) Method of contributions, etc., having the effect of a plan If— (A) there is no plan, but (B) there is a method or arrangement of employer contributions or compensation which has the effect of a stock bonus, pension, profit-sharing, or annuity plan, or other plan deferring the receipt of compensation (including a plan described in paragraph (2)), subsection (a) shall apply as if there were such a plan.
(2) Plans providing certain deferred benefits (A) In general For purposes of this section, any plan providing for deferred benefits (other than compensation) for employees, their spouses, or their dependents shall be treated as a plan deferring the receipt of compensation. In the case of such a plan, for purposes of this section, the determination of when an amount is includible in gross income shall be made without regard to any provisions of this chapter excluding such benefits from gross income. (B) Exception Subparagraph (A) shall not apply to any benefit provided through a welfare benefit fund (as defined in section 419(e)).
(1)Method of contributions, etc., having the effect of a plan#
If—
(A) there is no plan, but
(B) there is a method or arrangement of employer contributions or compensation which has the effect of a stock bonus, pension, profit-sharing, or annuity plan, or other plan deferring the receipt of compensation (including a plan described in paragraph (2)),
subsection (a) shall apply as if there were such a plan.
(1)(A)#
there is no plan, but
(1)(B)#
there is a method or arrangement of employer contributions or compensation which has the effect of a stock bonus, pension, profit-sharing, or annuity plan, or other plan deferring the receipt of compensation (including a plan described in paragraph (2)),
(2)Plans providing certain deferred benefits#
(A) In general For purposes of this section, any plan providing for deferred benefits (other than compensation) for employees, their spouses, or their dependents shall be treated as a plan deferring the receipt of compensation. In the case of such a plan, for purposes of this section, the determination of when an amount is includible in gross income shall be made without regard to any provisions of this chapter excluding such benefits from gross income.
(B) Exception Subparagraph (A) shall not apply to any benefit provided through a welfare benefit fund (as defined in section 419(e)).
(2)(A)In general#
For purposes of this section, any plan providing for deferred benefits (other than compensation) for employees, their spouses, or their dependents shall be treated as a plan deferring the receipt of compensation. In the case of such a plan, for purposes of this section, the determination of when an amount is includible in gross income shall be made without regard to any provisions of this chapter excluding such benefits from gross income.
(2)(B)Exception#
Subparagraph (A) shall not apply to any benefit provided through a welfare benefit fund (as defined in section 419(e)).