Iowa Admin. Code r. 781-16.6 - Beneficiary eligibility

A beneficiary of a participation agreement may be designated at any time after birth and assignment of a social security number. This rule establishes the eligibility criteria for a beneficiary.

(1) A beneficiary may be a resident of any state.
(2) An account owner shall, on signing a participation agreement, provide the contractor a valid social security number for the beneficiary.

Notes

Iowa Admin. Code r. 781-16.6
Amended by IAB May 22, 2019/Volume XLI, Number 24, effective 6/26/2019 Amended by IAB January 22, 2025/Volume XLVII, Number 15, effective 2/26/2025

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