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
- Do my ABLE savings affect my FAFSA?
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Nope. Money saved in an ABLE account does not count as an asset on your Free Application for Federal Student Aid (FAFSA). Plus, your ABLE account can help you pay for those education expenses.
- How does the account work?
- Everything can be managed online. The money can be saved in a cash option and/or invested in one of the three investment options offered: ABLE Conservative, ABLE Moderate, and ABLE Aggressive. These choices are made during the account setup. By law, you can make investment changes on your account... Read more
- What tax credits could I qualify for?
- You can earn up to $360 in the form of a refundable tax credit on your Oregon state income taxes for your Oregon ABLE contributions. Learn more here. Some ABLE savers qualify for the Saver’s Credit on their federal taxes. Learn more about who qualifies at the IRS’s website. Many savers also likely... Read more
- 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
- 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
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