Section 365-220-125. How does an individual trust account maintain qualification for state matching money?

Latest version.

After vesting, an individual trust account must maintain active participation in order to remain qualified for state matching money. Active participation is defined as the equivalent of twenty-five dollars of contributions into the individual trust account each month. This may be accomplished through regular, periodic, or one time only contributions. However, contributions will not be credited for past months during which active participation was not maintained. If the minimum contribution is withdrawn during the year it is contributed, the contribution will not count for purposes of qualification.

[Statutory Authority: RCW 43.330.240. WSR 02-07-026, § 365-220-125, filed 3/12/02, effective 4/12/02.]

RCW 43.330.240. WSR 02-07-026, § 365-220-125, filed 3/12/02, effective 4/12/02.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');