FAQs
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- About ABLE
- Account Management
- Additional Tax Benefits and Penalties
- ALR
- Banking and Investments
- Contributions and Withdrawals
- Eligibility
- Getting Started with ABLE
- Gifting
- Prepaid Card
- Recurring Contributions
- Rollover
- Successors and Estates
- Tax Credit
- Who can open an ABLE for ALL account?
- Any adult with a qualifying disability that developed before the age of 26 and resides in the state of Oregon can open and manage an ABLE for ALL account. ABLE for ALL accounts were designed to be managed by the person with a disability. Please note, with the passage of new federal legislation, the... Read more
- Can money in an ABLE account be recovered in a bankruptcy?
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No. The ABLE for ALL Savings Plan is protected from bankruptcy.
- Can I enroll and manage an ABLE account with a paper form?
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The easiest and fastest way to open an ABLE for ALL account is online. If you want to use paper forms for enrollment or managing your account, please visit our Forms page.
- Can I connect more than one bank account to an ABLE for ALL account?
- Yes, you can connect more than one bank account to your ABLE for ALL account, as well as multiple types of bank accounts. You can have both savings and checking accounts linked to your account at one time, but you will need to go through the process of connecting each account individually. The... Read more
- How do I manage different bank accounts with multiple beneficiaries?
- If you’re an Authorized Legal Representative (ALR) of more than one ABLE account, you can use the same banking information for multiple accounts, as long as you own or are the ALR on those ABLE accounts. Otherwise, each beneficiary can use one or more bank accounts in their own name, or the name of... Read more
- Can I open or manage more than one ABLE for ALL account?
- A person with a disability may only be the beneficiary of a single ABLE account. However, an individual may manage multiple ABLE accounts for different beneficiaries (i.e. an ABLE account for yourself and your child). If you serve as an Authorized Legal Representative (ALR) you can manage multiple... Read more
- How do I add another ABLE for ALL account?
- If you would like to manage multiple ABLE for ALL accounts for different beneficiaries (i.e. an ABLE account for yourself and your child), you can add a new account in two ways. Logged out, from the sign-up page: Go to the ABLE for ALL home page to sign up for a new ABLE account. During the first... Read more
- Do I use the same login information if I have multiple ABLE accounts?
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Yes, you will need only one username (email) and password to log in to all the ABLE accounts you manage for either yourself or your beneficiaries.
- If I manage multiple ABLE accounts, can I transfer funds from one ABLE account to another?
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No, as a security measure, we do not allow for the transfer of funds from one ABLE account to another ABLE account.
- Where can I find my ABLE for ALL account number?
- To find your account number, log in to your ABLE for ALL account, click on the beneficiary (if you have more than one), go to “Settings” on the upper right side of the page, select “Account Information,” then click show next to “Account Number.” Other information specific to the beneficiary and... Read more
