Organizational Authorized Legal Representatives

Register

ABLE accounts are a life-changing savings opportunity that create financial freedom and equity for people living with disabilities and allow for management by an Authorized Legal Representative (ALR), when necessary. Taking the step to become an Organizational ALR will allow your organization to offer a new level of support to your clients, providing resources and guidance to help them reach their financial goals.

Organizational ALRs can place funds in the ABLE account to assist in managing asset limits and prevent the suspension of Social Security, Medicaid, and other benefits. Even organizations that serve as Representative Payees as designated by the Social Security Administration, can enroll as Organizational ALRs to better help the people they support.

Creating accounts for your clients is easy, and you can set up multiple accounts at the same time. With the Oregon ABLE Savings Plan, you can easily manage a client's account, make payments, load a free prepaid debit card, and more. Plus, Oregon ABLE Savings Plan accounts can reach a balance of $100,000 before affecting SSI benefits, which means clients can save more money and your organization does not have to keep assets below the standard $2,000 limit.

Frequently asked questions

What is an Authorized Legal Representative?

An Authorized Legal Representative (ALR) is someone who is allowed under state and federal law to make decisions for the Oregon ABLE Savings Plan account beneficiary. There can be only one ALR per account, but regardless of who opens the account, the beneficiary is the sole owner of all the funds.

Does the ALR own the account with the beneficiary?

No. Regardless of who opens the account, the beneficiary is the sole owner of all the funds.

Can there be more than one ALR?

No. There can be only one ALR per account, but you can change an ALR by filling out a Change of Authorized Legal Representative Form.

As an ALR, can I open and/or manage more than one Oregon ABLE Savings Plan account?

Yes. As long as you meet the ALR qualifications, you can open and manage multiple Oregon ABLE Savings Plan accounts for beneficiaries as their ALR. Remember that each Oregon ABLE Savings Plan account can be connected to one or more bank accounts, and each beneficiary can have only one account at a time.

As an ALR, how do I add another Oregon ABLE Savings Plan account?

Start by logging in to your existing account. In the upper right corner of your screen, or in the navigation on your mobile device, find the icon next to your name that looks like a profile picture. Click on the arrow to enable a drop-down menu. Find the link that says, “Add account.” Click and follow the steps to create a new Oregon ABLE Savings Plan account.

Can an ALR and beneficiary both have an ABLE Visa® Card?

If you’re the ALR for someone, you can order a card for yourself to make purchases for the beneficiary, a card for the beneficiary, or both. Each card has its own balance and spending controls, so you decide how funds will be used. The beneficiary will not have access to all of the funds in the Oregon ABLE Savings Plan account. Beneficiaries can access only what has been loaded onto their ABLE Visa® Card.

Learn more about ABLE accounts and how to serve as an ALR

Managing ABLE Accounts on Behalf of Individuals with Disabilities
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Registering online is simple

The online registration process for an Organizational ALR consists of:

  • Information about the Organization and Beneficiary

  • Multi-Factor Authentication (MFA)

  • Documentation upload and verification

Information needed to register

To register, you will need to provide information that establishes the ability of your organization to act as an ALR. The key information includes:

About the Organization

  1. Basic Information

    Provide formal Organization name, EIN, Organization type, address, contact details, and documentation (varies depending on Organization type)

  2. Controlling Officer Information

    Requires a government–issued ID for the Controlling Officer

  3. Beneficial Owner Information

    Required only if the Organization is a for–profit business

  4. Agent Assignment Information

    Authorize a Primary and/or Secondary Agent to act on behalf of the Organization and provide instructions for the administration of the ABLE accounts; requires a government–issued ID

About the Beneficiary

  1. Basic Information

    Identify the beneficiary/account owner

  2. Relationship to the Beneficiary

    Identify the organization and the source of their authority to act as ALR (e.g. Power of Attorney, Guardianship, Representative Payee, etc.)

  3. Provide communication preferences

    Choose if you want to receive digital or paper statements, forms, and documents

  4. Eligibility Confirmation

    Provide the Beneficiary’s diagnosis code as defined by the form and confirm the Beneficiary’s eligibility to have an ABLE account

Learn how your organization can open ABLE accounts

ABLE Registration for Organizational ALRs
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Taking the step to become an Organizational ALR will allow your organization to offer a new level of support to your clients.

Further Documentation

Once you have completed the application and verification, you will need to provide the designated documentation to verify your organization.

Nonprofit Organizations

  • One of the following documents:

    • Certified Articles of Incorporation of the Organization

    • U.S. Internal Revenue Code Sec. 501(c)(3) Exempt Organization Affirmation

  • Organization Resolution of Signing Authority

  • Government-issued photo ID for the Controlling Officer

Register as an Organizational ALR

For-profit Organizations

  • One of the following documents:

    • Certified Articles of Incorporation of the Organization

    • Latest audited financial statements

  • Organization Resolution of Signing Authority

  • Government-issued photo IDs for the Controlling Officer and Beneficial Owner(s)

Register as an Organizational ALR

Government Organizations

  • Organization Resolution of Signing Authority

  • Government-issued photo ID for the Controlling Officer

Register as an Organizational ALR

Further forms of identification

Other acceptable forms of identification for Organizations include:

  • Determination Letter

  • General or Limited Partnership Agreement

  • Trust Instrument - Letters of Trusteeship or Executorship

  • A government-issued business license

  • A published annual report

  • 10-K or other information contained on the U.S. Securities and Exchange Commission website, the websites of various self-regulatory organizations (i.e., FINRA), or from other governmental sources

Register as an Organizational ALR

ABLE accounts are a life-changing savings opportunity that creates financial freedom and equity for people living with disabilities.