Payments made after 1983 to you (including any amount paid by an employer for insurance or annuities) on account of your retirement for age are not excluded from wages unless--
(a) The payments are to or from a trust or annuity plan of your employer as described in Sec. 404.1052; or
(b) The payments satisfy the requirements described in Sec. 404.1049(c)(2). [55 FR 7310, Mar. 1, 1990]