Ariz. Admin. Code § 6-5-3302

Current through Register Vol. 30, No. 25, June 21, 2024

Section R6-5-3302 - Program Manager

Responsibilities of the Program Manager:

1. The Program Manager shall implement the Program, including the administration and management of the Program.

2. The Program Manager shall ensure adequate safeguards to prevent aggregate contributions on behalf of a Designated Beneficiary in excess of the limit established by the Department under section 529(b)(6) of the Code. For purposes of this Section, aggregate contributions include contributions under any prior qualified ABLE program of any state or agency or instrumentality of either.

3. The Program Manager shall compile or cause to be compiled the necessary information to complete any reports.

4. The Program Manager may contract with third parties to assist the Department and Program Manager in the educational and promotional activities for the Program.

5. The Program Manager may use forms provided or promulgated by the SSA, the IRS, or other federal agencies for the purposes of the ABLE Program. The Program Manager may also promulgate its own forms reasonably necessary to implement the ABLE Program.

Ariz. Admin. Code § R6-5-3302

Adopted by final rulemaking at 25 A.A.R. 885, effective 5/20/2019.