News

Oregon Treasurer Tobias Read receives Champion of Change Award from National Down Syndrome Society ›

Salem, OR—Thousands of people with disabilities can set aside money to build better financial futures, without risking eligibility for important government assistance, through the Oregon ABLE Savings Plan and its national version, known as ABLE for ALL. In a special ceremony this week in Washington D.C., Oregon Treasurer Tobias Read and the Oregon ABLE programs were recognized by the National Down Syndrome Society (NDSS) with a 2019 Stephen Beck Jr. Champion of Change Award. The award recognizes and honors those in the Down syndrome community who work throughout the year as members of Congress, self-advocates, advocates, leaders and drivers of ...

More than 1,000 people with disabilities save $3.4M one year after ABLE launch ›

Oregon innovating, partnering with other states to expand access to savingsSALEM – Only one year after finally being able to save money without jeopardizing their benefits, more than 1,000 people with disabilities have saved $3.4 million through Oregon’s ABLE savings plans.Before Congress and the Oregon State Legislature paved the way for the creation of ABLE plans, people with disabilities were functionally forced to live in poverty if they wanted to remain eligible for vital means-tested benefits, like Medicaid and Supplemental Security Income, which required the individual to have less than $2,000 in their name.ABLE funds can be used for anything that helps improve the health, independence or quality of life of a person with a disability.Hundreds of Oregonians benefitting from ...

New Prepaid Card Provides Instant Access to ABLE Funds ›

Oregon ABLE Prepaid Card lets people with disabilities use their money at cash registers and for online shopping SALEM – With the new prepaid card, people with disabilities will be able to use the money they saved in an Oregon ABLE Savings Plan account at any checkout counter or website that accepts Mastercard.Oregon ABLE allows people with disabilities to save money for day-to-day expenses and future needs without disqualifying them from critical government benefits, like Social Security benefits and Medicaid. ABLE funds can be used for anything that helps improve the health, independence or quality of life of a person with a disability.The prepaid card is the simplest and fastest way to purchase something using money saved through Oregon ABLE. The account owner can load any amount ...