be provided to or for the benefit of such individual, any amount (including earnings thereon) in an individual's account established under a 401Kids Account Program (as defined in section 529(f) of the Internal Revenue Code of 1986) or the Federal 401Kids Account Program pursuant to section 3, any contributions to such account, and any distribution (or portion thereof) shall be disregarded for such purpose with respect to any period during which such individual maintains, makes contributions to, or receives distributions from such account, except that— (1) a distribution for qualified acquisition costs (within the meaning of section 529(f)(4)(E)(ii) of such Code) shall not be so disregarded