1. (1) Any Participating Employee or Participating Individual may choose to make Non-Payroll Contributions to the Program.
2. (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. (3) The Program Administrator will establish the minimum contribution.
4. (4) Non-Payroll Contributions may be made electronically or by personal check.

Statutory/Other Authority

ORS 178.200 to 178.245

Statutes/Other Implemented

ORS 178.200 to 178.245

History

OST 3-2018, amend filed 10/11/2018, effective 10/19/2018
OST 6-2017, adopt filed 10/24/2017, effective 10/24/2017