California Code of Regulations
Title 10 - Investment
Chapter 15 - Calsavers Retirement Savings Board
Section 10007 - Contributions and Distributions
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) It shall be the responsibility of the Participant to determine whether they are eligible to make Contributions to a Roth IRA or Traditional IRA (when available) and whether the amount of their Contributions to a Roth IRA or Traditional IRA (when available) complies with the limits established under Title 26 of the United States Code.
(b) A Participant may choose to rollover or transfer funds into their Account.
1. New section filed
11-19-2018 as an emergency; operative 11-19-2018 (Register 2018, No. 47). A
Certificate of Compliance must be transmitted to OAL by 5-20-2019 or emergency
language will be repealed by operation of law on the following day.
2.
New section refiled 5-6-2019 as an emergency; operative 5-21-2019 (Register 2019,
No. 19). A Certificate of Compliance must be transmitted to OAL by 8-19-2019 or
emergency language will be repealed by operation of law on the following
day.
3. New section refiled 8-12-2019 as an emergency; operative
8-20-2019 (Register 2019, No. 33). A Certificate of Compliance must be transmitted
to OAL by 11-18-2019 or emergency language will be repealed by operation of law on
the following day.
4. Certificate of Compliance as to 8-12-2019 order,
including amendment of section, transmitted to OAL 9-23-2019 and filed 10-31-2019;
amendments operative 10-31-2019 pursuant to Government Code section
11343.4(b)(3)
(Register 2019, No. 44).
5. Amendment of subsection (b) filed 1-25-2021
as an emergency; operative 1-25-2021. Pursuant to Health and Safety Code section
1363.04(f),
this action is a deemed emergency and exempt from OAL review. Expiration date of
emergency action extended 60 days (Executive Order N-40-20) plus an additional 60
days (Executive Order N-71-20) (Register 2021, No. 5). A Certificate of Compliance
must be transmitted to OAL by 11-23-2021 or emergency language will be repealed by
operation of law on the following day.
6. Amendment of subsection (b)
refiled 11-17-2021 as an emergency; operative 11-24-2021. Pursuant to Health and
Safety Code section
1363.04(f),
this action is a deemed emergency and exempt from OAL review (Register 2021, No.
47). A Certificate of Compliance must be transmitted to OAL by 2-22-2022 or
emergency language will be repealed by operation of law on the following
day.
7. Certificate of Compliance as to 11-17-2021 order transmitted to
OAL 12-2-2021 and filed 1-13-2022 (Register 2022, No.
2).
Note: Authority cited: Sections 100010 and 100048, Government Code. Reference: Sections 100002, 100008 and 100012, Government Code.