Section 529A definition

Section 529A means Section 529A of the Code, as amended from time to time, and any regulations and official guidance issued by a Governmental Authority pursuant thereto.

Section 529A means Section 529A of the Internal Revenue Code and regulations promulgated or proposed thereunder.

Section 529A means Section 529A of the Internal Revenue Code of 1986, as

Examples of Section 529A in a sentence

• I understand that the Member Plan is intended to be a “qualified ABLE program” under Section 529A and the Member Plan is intended to receive favorable federal and state tax treatment.

• ABLE savings account’ or ‘account’ means an individual savings account established in accordance with the provisions of this article and pursuant to Section 529A of the federal Internal Revenue Code of 1986, as amended.

• Qualified distributions shall be made for qualified disability expenses allowed pursuant to Section 529A of the Internal Revenue Code.

• An account owner may: (a) change the designated beneficiary of an account to an individual who is a qualified member of the family of the prior designated beneficiary in accordance with procedures established by the State Treasurer; and (b) transfer all or a portion of an account to another ABLE savings account, the designated beneficiary of which is a member of the family as defined in Section 529A of the federal Internal Revenue Code of 1986, as amended.

• The State Treasurer shall ensure that the plan meets the requirements for an ABLE account under Section 529A of the Internal Revenue Code.

• For 2007/08 we are advised to budget for a cautious investment return of 5%.

• To the extent these rules and regulations are interpreted to be inconsistent with provisions of Section 529A, the provisions of Section 529A shall prevail.

• Reference: Section 4877, Welfare and Institutions Code; Section 529A, Internal Revenue Code.

• Ratna Kishnore and Sri.Y. Subba Rao, Directors of the Company, retire by rotation at the 21st Annual General Meeting and being eligible, offer themselves for re-appointment.

• A Participant may also rollover amounts under an Account to a Section 529A Qualified ABLE Program (“ABLE”) for the same Designated Beneficiary, or a Member of the Family thereof, federal income tax-free, if such Designated Beneficiary or Member of the Family thereof meets the eligibility requirements for an account in such program and subject to applicable ABLE contribution limits.

More Definitions of Section 529A

Section 529A means Section 529A of the Internal Revenue Code and regulations promulgated or proposed thereunder.ITEM 3. Rescind the definitions of “Authorized agent” and “Investment managers” in rule781—20.2(12I).ITEM 4. Amend subrule 20.4(1) as follows:20.4(1) The plan shall have a form of participation agreement which must be used to establish accounts an account. The participation agreement shall be signed and dated in accordance with the requirements of the plan disclosure documents by the account owner to verify that the account owner agrees to the terms and conditions of the plan.ITEM 5. Amend rule 781—20.5(12I) as follows: 781—20.5(12I) Eligible individual. An account owner must be an eligible individual. An individual is an eligible individual for a taxable year if, during that year, either (1) the individual is entitled to benefits based on blindness or disability under Title II or XVI of the Social Security Act (“benefits eligibility”), or (2) a disability certification meeting specified requirements is filed with the Secretary in accordance with Section 529A (“certification eligibility”). In all cases, the blindness or disability must have occurred before the individual’s twenty-sixth birthday. This rule establishes the following other requirements for opening an account:20.5(1) An account owner may be a resident of any state.20.5(2) An account owner must be a U.S. citizen or resident alien.20.5(3) An account owner must, on signing a participation agreement, provide the plan administrator with have a valid social security number or tax identification number.20.5(4) An account owner must have a valid permanent U.S. street address.20.5(5) No account owner eligible individual may have more than one account in an ABLE plan in existence at the same time. A prior ABLE account that has been closed does not prohibit the subsequent

Section 529A means Section 529A of the Internal Revenue

Section 529A means Section 529A of the Code, as amended from time to time, and any regulations issued pursuant thereto.

Section 529A means Section 529A of the Code.

Section 529A means Section 529A of the Internal Revenue Code and regulations promulgated or proposed thereunder.ITEM 3. Rescind the definitions of “Authorized agent” and “Investment managers” in rule781—20.2(12I).ITEM 4. Amend subrule 20.4(1) as follows: