PART722. ACHIEVING A BETTER LIFE EXPERIENCE (ABLE) ACCOUNT PROGRAM  


SUBPART A. INTRODUCTION AND PURPOSE OF PROGRAM
§ 722.100. Establishment of Program
§ 722.110. Purpose of Program
§ 722.120. Interstate Agreement or Compact
SUBPART B. DEFINITIONS
§ 722.200. Definition of Terms
SUBPART C. ADMINISTRATION
§ 722.300. Responsibilities of the Treasurer
§ 722.310. Investment Policy and Guidelines
§ 722.320. Account Administration/Administrator
§ 722.330. Recordkeeping and Recordkeeping Responsibilities
§ 722.340. Enrollment and Fees
§ 722.350. ABLE Administrative Fund
§ 722.360. Marketing and Promotion
§ 722.370. Contracting States [Repealed]
§ 722.380. Forms
SUBPART D. PARTICIPATION AND ENROLLMENT IN THE PROGRAM
§ 722.400. Eligibility
§ 722.410. Authority to Establish and Manage an ABLE Account
§ 722.420. Enrollment Application
§ 722.430. Signature Authority
SUBPART E. ACCOUNTS, INVESTMENTS AND STATEMENTS
§ 722.500. ABLE Accounts
§ 722.510. Allocation of Investment Earnings or Losses
§ 722.520. Limits on Investment and Directions
§ 722.530. Administrative Expenses
§ 722.540. Participant Statements
§ 722.550. Conversions and Rollovers
§ 722.560. Contributions
§ 722.570. Aggregate Account Balance Limits
SUBPART F. WITHDRAWALS OR DISTRIBUTIONS
§ 722.600. Qualified Withdrawals/Distributions
§ 722.610. Qualified Disability Expense
§ 722.630. Federal Reporting Requirements
SUBPART G. MISCELLANEOUS
§ 722.700. Death of a Designated Beneficiary
§ 722.710. Missing Persons/Abandonment
§ 722.720. Nonassignability
§ 722.730. Website
§ 722.740. Excess Contributions
§ 722.750. Change of Designated Beneficiary
SUBPART H. AMENDMENT OF RULES
§ 722.800. Amendment of Rules
SOURCE: Adopted at 41 Ill. Reg. 7133, effective June 7, 2017; amended at 42 Ill. Reg. 9578, effective May 23, 2018; amended at 45 Ill. Reg. 4133, effective March 12, 2021; amended at 46 Ill. Reg. 19242, effective November 20, 2022.

Notation

AUTHORITY: Implementing and authorized by Section 16.6 of the State Treasurer Act [15 ILCS 505].