FAQs
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- About ABLE
- Account Management
- Additional Tax Benefits and Penalties
- ALR
- Banking and Investments
- Contributions and Withdrawals
- Eligibility
- Getting Started with ABLE
- Gifting
- Prepaid Card
- Recurring Contributions
- Rollover
- Successors and Estates
- Tax Credit
- What are the benefits of an Oregon ABLE account?
- The Oregon ABLE Savings Plan offers a way to save for qualified expenses, invest for the future and keep the benefits you rely on every day. When you make contributions to an Oregon ABLE account, your money has the chance to grow and earn interest, tax-free. And unlike many other investment... Read more
- What type of disabilities qualify for an ABLE account?
- Any disability that meets the criteria for Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), and developed before the age of 26†, is eligible for an ABLE account. Some of the conditions recognized by the Social Security Administration that could qualify based on the... Read more
- Are there other tax credits I may qualify for?
- Yes. Beyond the Oregon state income tax credit which you earn for contributing to an Oregon ABLE Savings Plan account, the IRS offers several tax credits that can provide meaningful savings for families, reducing the amount filers owe on their taxes, and in some cases, leading to an increased tax... Read more
- Where can I change my password or multi-factor authentication settings?
- Once you log in to your Oregon ABLE account dashboard, 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... 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
