2021 Wisconsin Statutes & Annotations
Chapter 177 - Uniform unclaimed property act.
177.0203 - When other tax-deferred account presumed abandoned.
177.0203 When other tax-deferred account presumed abandoned. Subject to s. 177.0210, and except for property described under s. 177.0202 and property held in a plan described in section 529A of the Internal Revenue Code, property held in an account or plan, including a health savings account, that qualifies for federal income tax deferral under the Internal Revenue Code is presumed abandoned if it is unclaimed by the apparent owner 3 years after the earliest of the following:
(1) The date specified under the Internal Revenue Code or by federal regulation by which the distribution of property must begin in order to avoid a penalty, if no such distribution has been made.
(2) Thirty years after the date on which the account was opened.
History: 2021 a. 87.
