; or (II) establishment of the program under this section; and notify such individuals of the establishment of such accounts; (ii) require the assets of each 401Kids Savings Account established under the program to be held by the designated custodian; (iii) within the limitations of paragraph (3), permit contributions to be made periodically to such 401Kids Savings Accounts by direct deposit through payroll deduction or by electronic means, and by methods that provide access for people with limited access to the financial system; (iv) provide for the annual deposit under paragraph (4) and the matching contributions under paragraph (5) to be made to such 401Kids Savings Accounts, and to 401Kids Savings Accounts under such 401Kids Account Programs established and maintained by States, if applicable; (v) as provided in subsection (c), permit distributions and rollovers from such 401Kids Savings Accounts after the individual on whose behalf the account is established attains age 18; (vi) include procedures to consolidate multiple accounts established for the same individual, including across States, and return excess contributions on an annual basis, with notice provided to the parent or guardian of the individual (or, if appropriate, to the individual) and a procedure for resolution of disputes; (vii) permit, not less frequently than once per year, for an account to be moved between a State program and the Federal 401Kids Account Program