Iowa Administrative Rules (Last Updated: December 07, 2016) |
Department 781. Treasurer of State |
Chapter 16. IOWA EDUCATIONAL SAVINGS PLAN TRUST |
Section 781.16.6. Beneficiary eligibility.
Latest version.
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A beneficiary of a participation agreement may be designated anytime after birth and assignment of a social security number. This rule establishes the eligibility criteria for a beneficiary.
16.6(1) A beneficiary may be a resident of any state.
16.6(2) A participant shall, on signing a participation agreement, provide the program administrator a valid social security number for the beneficiary.