Or. Admin. Code § 170-080-0036 - Non-Payroll Contributions
(1) Any
Participating Employee or Participating Individual may choose to make
Non-Payroll Contributions to the Program.
(2) Such contributions must not exceed, in
combination with Payroll Deduction Contributions, the annual IRA contribution
limit as determined by the Code and related rules promulgated by the IRS, and
must be delivered to the OregonSaves IRA trustee in accordance with procedures
determined by the Board and approved by the Program Administrator.
(3) The Program Administrator will establish
the minimum contribution.
(4)
Non-Payroll Contributions may be made electronically or by personal
check.
Notes
Statutory/Other Authority: ORS 178.200 to 178.245
Statutes/Other Implemented: ORS 178.200 to 178.245
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