Ill. Admin. Code tit. 74 § 721.600

Current through Register Vol. 48, No. 50, December 13, 2024
Section 721.600 - Withdrawals

A participant may make a withdrawal of funds from his or her account at any time. Withdrawals shall be subject to any applicable State and federal income tax obligations and may be subject to penalties under the Internal Revenue Code (see 26 CFR 1.408A-6) .

Ill. Admin. Code tit. 74, § 721.600

Adopted at 42 Ill. Reg. 18457, effective 9/25/2018.