# Deposit Insurance Coverage; Accounts of Qualified Tuition Savings Programs Under Section 529 of the Internal Revenue Code
> **US Federal Deposit Insurance Corporation** · Final rule. · Published 2005-10-28 · Effective 2005-12-27 · 70 FR 62057
## Document
- **Document number:** 05-20766
- **Category:** final-rule
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 70 FR 62057
- **CFR reference:** 12 CFR 330
- **Publication date:** 2005-10-28
- **Effective date:** 2005-12-27
## Abstract

The FDIC is adopting a final rule governing the insurance coverage of deposits of qualified tuition savings programs under section 529 of the Internal Revenue Code. The final rule makes no substantive changes to a previous interim final rule. Under the rule, the deposits of a qualified tuition savings program will be insured on a "pass-through" basis to the program participants. In other words, the deposits will be insured up to $100,000 for the interest of each participant in aggregation with the participant's other deposits (if any) at the same insured depository institution.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/10/28/05-20766/deposit-insurance-coverage-accounts-of-qualified-tuition-savings-programs-under-section-529-of-the)
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