Ill. Admin. Code tit. 74 § 722.600

Current through Register Vol. 48, No. 50, December 13, 2024

Section 722.600 - Qualified Withdrawals/Distributions

A qualified withdrawal/distribution is a withdrawal or a distribution from an ABLE account to pay the qualified disability expenses of the designated beneficiary of the account.

Ill. Admin. Code tit. 74, § 722.600

Adopted at 41 Ill. Reg. 7133, effective 6/7/2017.

Amended at 45 Ill. Reg. 4133, effective 3/12/2021