FAQs
Answers at your fingertips
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- About ABLE
- ALR
- Benefits
- Contributions
- Eligibility
- Fees
- General
- Gifting
- How it Works
- Linking Bank Accounts
- Opening an Account
- Prepaid Card
- Qualified Expenses
- Successors and Estates
- Tax Info
- Where can I change my password or set up multi-factor authentication?
- Once you log in, select “Security Center” from the dropdown menu next to your profile icon in the upper right corner of the screen. You can also go to your profile and select the “Open Security Center” button next to Login settings. From here, you can make any changes to your account that have to... Read more
- Is there a mobile app for Oregon ABLE?
- If you already have an Oregon ABLE account, you can download the Vestwell app for iOS or Android and take your account with you on the go. You can make contributions, withdraw funds, share gifting pages, and more. Download the app today, log in using your Oregon ABLE username and password, and then... Read more
- Are there any fees associated with gifting to an Oregon ABLE account?
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There is no fee for bank account (ACH) gift contributions and for contributions made via personal check using our offline Gift Form (PDF).
- Where do I find the nearest BottleDrop drop-off location?
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Check out BottleDrop's Location Finder to see your neighborhood's drop-off spot and hours of operation.
- How do I link an Oregon ABLE account with a BottleDrop account to make automatic contributions?
- It's easy to connect your accounts and set up recurring contributions. 1. Visit bottledrop.com to log in to your BottleDrop account using your username and password. 2. When viewing your account, click “Oregon College Savings Plan." Note: You will go through the process as if you are... Read more
- How do I make a gift contribution through the mail?
- You can make an offline contribution in just a few steps: 1. Download this Gift Form (PDF) and fill it out. 2. Print the completed form and put it in an envelope with a check made payable to the Oregon ABLE Savings Plan. 3. Mail the form and check to: Oregon ABLE Savings Plan P.O. Box... Read more
- What happens when someone sends a gift to my account?
- When a gift contribution is finished processing, you’ll receive an email letting you know that someone has contributed to your account. You’ll also be able to see the gift contribution in your online activity feed if you sign into your account. For security purposes, any gift contributions that are... Read more
- How will my gift contribution be invested?
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Any gift contribution to an Oregon ABLE Savings Plan account is invested based on the preferences and choices of the account owner. Anyone who contributes to an Oregon ABLE account is eligible for an annual state income tax credit up to $360.
- Is there a minimum amount for gifting?
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Yes. Gift contributions can be made online for as little as $5 or as much as $19,000. Every penny counts!
- Can you earn a state income tax credit when you contribute to someone else’s account?
- Yes. All Oregon residents are eligible to contribute to an Oregon ABLE Savings Plan account and claim the state income tax credit. You do not need to be the owner of the account to contribute and claim the tax credit. Please note, each contribution may only be claimed once for tax purposes, either... Read more
