Iowa Admin. Code r. 781-16.9 - Substitution or change of beneficiary

Beneficiaries may be changed subject to the rules and regulations of the program administrator. This rule establishes the criteria for substituting one beneficiary for another. Beneficiary changes shall also be subject to the procedures set forth in the applicable program description.

(1) At the time of the substitution, the substitute beneficiary must be an eligible beneficiary pursuant to rule 781-16.6 (12D) and must be a member of the family of the beneficiary being replaced.
(2) An account owner may request that a beneficiary be substituted by submitting the appropriate form to the contractor.

Notes

Iowa Admin. Code r. 781-16.9
Amended by IAB December 21, 2016/Volume XXXIX, Number 13, effective 1/25/2017 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

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.