Illinois Administrative Code (Last Updated: March 27, 2024) |
TITLE74. PUBLIC FINANCE |
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 Contracting States [Repealed] |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.
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Notation
AUTHORITY: Implementing and authorized by Section 16.6 of the State Treasurer Act [15 ILCS 505].