OREGON

“ABLE For All Savings Plan” is the name of Oregon’s National ABLE program

 Helpful Information About Oregon’s ABLE Program:

 

Program Name
ABLE For All Savings Plan (this is the OR national plan)

State Administrator
The Oregon 529 Savings Board

Program Administrator
Vestwell State Savings, LLC, dba Sumday Administration

Enrollment Website
https://www.sumday.com/register/able-for-all

State ABLE Law
OR Senate Bill: https://gov.oregonlive.com/bill/2015/SB777/


OR Tax Credit: https://www.oregonablesavings.com/faqs/2020/1/23/what-is-the-oregon-income-tax-credit


State Tax Incentives

Anyone paying Oregon income tax who contributes to an Oregon ABLE Savings Plan can receive up to a $300 tax credit. It is a progressive income tax credit, meaning it has more of an impact for low- to moderate-income savers. For more information, go to https://www.oregonablesavings.com/faqs/2020/1/23/what-is-the-oregon-income-tax-credit