{"data":{"id":"us/26-cfr-1.403-b-1","jurisdiction":"us","citation":"26 CFR 1.403(b)-1","heading":"(b)-1 General overview of taxability under an annuity contract purchased by a section 501(c)(3) organization or a public school.","body":"Section 403(b) and §§ 1.403(b)-2 through 1.403(b)-10 provide rules for the Federal income tax treatment of an annuity purchased for an employee by an employer that is either a tax-exempt entity under section 501(c)(3) (relating to certain religious, charitable, scientific, or other types of organizations) or a public school, or for a minister described in section 414(e)(5)(A). See section 403(a) (relating to qualified annuities) for rules regarding the taxation of an annuity purchased under a qualified annuity plan that meets the requirements of section 404(a)(2), and see section 403(c) (relating to nonqualified annuities) for rules regarding the taxation of other types of annuities.","path":["Title 26—Internal Revenue","CHAPTER I—INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY","SUBCHAPTER A—INCOME TAX","PART 1—INCOME TAXES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-26.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:11Z","sha256":"fd75b0840c8335a2ea0da34501903016acb1e727a0fe160528a0631715d02c00","source_id":"us-cfr","stale":true,"prev":"us/26-cfr-1.403-b-0","next":"us/26-cfr-1.403-b-2"},"notice":"GroundRules: Original legal text. Not legal advice."}