# 23 Ill. Adm. Code 2500.90: Section 2500.90 Account Limits

> Illinois · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_90

## Section

- **Citation:** 23 Ill. Adm. Code 2500.90
- **Heading:** Section 2500.90 Account Limits
- **Jurisdiction:** Illinois
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Illinois Administrative Code / Title 23 EDUCATION AND CULTURAL RESOURCES / CHAPTER XVI: TREASURER / Part 2500 COLLEGE SAVINGS POOL / Section 2500.90 Account Limits

## Text

Section 2500
Section 2500.90  Account Limits
a)         The
Treasurer shall limit the contributions that may be made to the Pool on behalf
of a designated beneficiary to prevent contributions in excess of those
necessary to provide for the qualified expenses of the designated beneficiary. The
account balance limit will be reflected on the Treasurer's website or in
another form that provides adequate notice to account owners.  No donor may
make a contribution to an account for a designated beneficiary if that contribution
would cause the aggregate balance of all accounts for the designated beneficiary
in State of Illinois section 529 programs to exceed the account balance limit
established by the Treasurer.  For purposes of the account balance limit, the
aggregate balance shall be comprised of all accounts under all section 529 qualified
tuition programs in the State of Illinois for a particular designated
beneficiary.  An account may only exceed the account balance limit in the event
that investment earnings accrue after the last permitted contribution.  The
Treasurer may, from time to time, adjust the account balance limit.
b)         Account
Balance Limit Calculation
When adjusting the account balance
limit, the Treasurer will consider the following:
1)         Estimates
of tuition, fees, books, supplies, equipment, and room and board as set forth
in the cost of attendance for an undergraduate, graduate and professional
degree from at least 12 eligible educational institutions, including at least two
public and two private eligible educational institutions reasonably believed to
have the highest cost qualified expenses in:
A)        Illinois;
B)        the
Midwest; and
C)        nationally
es, equipment, and room and board as set forth
in the cost of attendance for an undergraduate, graduate and professional
degree from at least 12 eligible educational institutions, including at least two
public and two private eligible educational institutions reasonably believed to
have the highest cost qualified expenses in:
A)        Illinois;
B)        the
Midwest; and
C)        nationally.
2)         The
guidance available from the United States Treasury and the Internal Revenue
Service on how an account balance limit may be determined to provide adequate
safeguards to prevent contributions on behalf of a designated beneficiary in
excess of those necessary to provide for the qualified expenses of the
designated beneficiary.

## Nearby sections

- [23 Ill. Adm. Code 2500.10 Section 2500.10  Purpose](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_10.md)
- [23 Ill. Adm. Code 2500.20 Section 2500.20  Definition of Terms](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_20.md)
- [23 Ill. Adm. Code 2500.30 Section 2500.30  Application Process](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_30.md)
- [23 Ill. Adm. Code 2500.40 Section 2500.40  Program Administration](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_40.md)
- [23 Ill. Adm. Code 2500.50 Section 2500.50  Investment Policy](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_50.md)
- [23 Ill. Adm. Code 2500.60 Section 2500.60  Contributions](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_60.md)
- [23 Ill. Adm. Code 2500.70 Section 2500.70  Distributions](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_70.md)
- [23 Ill. Adm. Code 2500.80 Section 2500.80  Administrative Fees, Costs, and Expenses](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_80.md)
- [23 Ill. Adm. Code 2500.90 Section 2500.90  Account Limits](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_90.md)
- [23 Ill. Adm. Code 2500.100 Section 2500.100  Debt](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_100.md)
- [23 Ill. Adm. Code 2500.110 Section 2500.110  Program Documents](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_110.md)
- [23 Ill. Adm. Code 2500.120 Section 2500.120  Private Contractors (Repealed)](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_120.md)
- [23 Ill. Adm. Code 2500.130 Section 2500.130  Amendment of Rules (Repealed)](https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_130.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IL_IAC_T23_P2500_S2500_90. Check the current official text before relying on it. Not legal advice.