Oregon Administrative Rules
Chapter 173 - OREGON 529 SAVINGS BOARD
Division 9 - CONTRIBUTIONS
Section 173-009-0015 - Maximum Contribution Limit
Universal Citation: OR Admin Rules 173-009-0015
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Additional contributions to an account for a designated beneficiary are prohibited when the total account balance for all accounts for that designated beneficiary under the network exceeds the amount established by the Board as required by and in accordance with the Code.
(2) For the ABLE Plan, additional contributions to an account for a designated beneficiary are prohibited when the total annual contributions for that designated beneficiary exceeds the amount established by the Board as required by and in accordance with the Code.
Stat. Auth.: ORS 348.853(2)
Stats. Implemented: ORS 348.857(4) & 348.853(2)
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