What is the Cash Option?
The Cash option protects the balance in your Oregon ABLE account by putting all your assets (up to $250,000) into an FDIC-insured account, which means the federal government guarantees you will not lose the money you saved. With a low level of risk, there may also be a lower level of returns. The Cash option is similar to a savings account that you would find at a local bank or credit union.
It takes approximately 2-7 business days to withdraw funds from your account.