OAR 173-009-0015: Maximum Contribution Limit
Edition: Current OARD snapshotEffective: 2016-07-28Last verified: 2026-09-07
(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.
Official history and status
Statutory/Other Authority: ORS 348.853(2)
Statutes/Other Implemented: ORS 348.857(4) & 348.853(2)
History: OSB 1-2016, f. & cert. ef. 7-28-16 QTSB 2-2010, f. 9-10-10, cert. ef. 9-14-10 QTSB 1-2010(Temp), f. & cert. ef. 3-25-10 thru 9-15-10 QTSB 3-2002, f. & cert. ef. 10-29-02 QTSB 2-2002(Temp), f. & cert. ef. 8-15-02 thru 12-6-02 QTSB 1-2002(Temp), f. & cert. ef. 6-14-02 thru 12-6-02 QTSB 1-2001, f. & cert. ef. 1-2-01
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Official source: https://secure.sos.state.or.us/oard/