45 CFR § 263.22 - Are there any restrictions on IDA funds?

---
identifier: "/us/cfr/t45/s263.22"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "45 CFR § 263.22 - Are there any restrictions on IDA funds?"
title_number: 45
title_name: "Public Welfare"
section_number: "263.22"
section_name: "Are there any restrictions on IDA funds?"
chapter_name: "OFFICE OF FAMILY ASSISTANCE (ASSISTANCE PROGRAMS), ADMINISTRATION FOR CHILDREN AND FAMILIES, DEPARTMENT OF HEALTH AND HUMAN SERVICES"
part_number: "263"
part_name: "EXPENDITURES OF STATE AND FEDERAL TANF FUNDS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 604, 607, 609, and 862a; Pub. L. 109-171."
regulatory_source: "64 FR 17893, Apr. 12, 1999, unless otherwise noted."
cfr_part: "263"
---


# 263.22 Are there any restrictions on IDA funds?

The following restrictions apply to IDA funds:

(a) A recipient may deposit only earned income into an IDA.

(b) A recipient's contributions to an IDA may be matched by, or through, a qualified entity.

(c) A recipient may withdraw funds only for the following reasons:

(1) To cover post-secondary education expenses, if the amount is paid directly to an eligible educational institution;

(2) For the recipient to purchase a first home, if the amount is paid directly to the person to whom the amounts are due and it is a qualified acquisition cost for a qualified principal residence by a qualified first-time home buyer; or

(3) For business capitalization, if the amounts are paid directly to a business capitalization account in a federally insured financial institution and used for a qualified business capitalization expense.