FAQs
Answers at your fingertips
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- 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
- 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
- How will my gift contribution be invested?
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Any gift contribution to an Oregon ABLE Savings Plan account is invested based on the preferences and choices of the account owner. Anyone who contributes to an Oregon ABLE account is eligible for an annual state income tax credit up to $360.
- Is there a minimum amount for gifting?
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Yes. Gift contributions can be made online for as little as $5 or as much as $19,000. Every penny counts!
- Can you earn a state income tax credit when you contribute to someone else’s account?
- Yes. All Oregon residents are eligible to contribute to an Oregon ABLE Savings Plan account and claim the state income tax credit. You do not need to be the owner of the account to contribute and claim the tax credit. Please note, each contribution may only be claimed once for tax purposes, either... Read more
- What is a gifting profile?
- We’ve streamlined our gifting process. When contributing to someone’s Oregon ABLE gifting page, family and friends can now create a gifting profile to save their contact and banking information via a convenient personal dashboard. The personal gifting profile offers easy access to set up recurring... Read more
- Can I make regular repeat contributions?
- Anyone who contributes to someone’s Oregon ABLE gifting page can set up recurring contributions—for birthdays, holidays, or just because—and save their information in a convenient gifting profile to streamline future gifting. How to set up recurring gifts: Create a gifting profile while... Read more
- How can I make changes to my gifting page?
- You can easily find your unique URL to share, customize your goal, update your allocation choices, and view gifting activity online at any time. Log in to your Oregon ABLE account Select “Manage” in the bottom left corner of the gifting tile on your dashboard If you would like to turn off your... Read more
