### Question
How is the term annuity defined?


### Answer
The term **annuity** is defined in *26 U.S.C. § 3402* as the following:

> any amount paid to an individual as a pension or annuity

#### Citation:
  - *26 U.S.C. § 3402*
  - Heading: **Subtitle C-Employment Taxes > CHAPTER 24-COLLECTION OF INCOME TAX AT SOURCE ON WAGES**

