Iowa Administrative Code
Agency 781 - Treasurer of State
Chapter 16 - Iowa Educational Savings Plan Trust
Rule 781-16.6 - Beneficiary Eligibility

Universal Citation: IA Admin Code 781-16.6

Current through Register Vol. 47, No. 6, September 18, 2024

A beneficiary of a participation agreement may be designated at any time after birth and assignment of a social security number. This rule establishes the eligibility criteria for a beneficiary.

(1) A beneficiary may be a resident of any state.

(2) A participant shall, on signing a participation agreement, provide the contractor a valid social security number for the beneficiary.

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