1. (a) An individual may deposit money from the individual's earned income into the individual's account.
2. (b) An individual may deposit an unlimited amount of money into the individual's account, of which the first one thousand five hundred dollars ($1,500) is eligible for a state deposit as provided in section 12 of this chapter.

As added by P.L.15-1997, SEC.1. Amended by P.L.150-2007, SEC.2; P.L.124-2024, SEC.6.