Oregon ABLE Savings Plan
Tax-free disability savings account (ABLE)
What it pays or provides
An Oregon ABLE account lets you save and invest money for disability-related expenses without paying federal income tax on the growth, as long as withdrawals go toward qualified expenses. You can contribute up to $20,000 a year (the 2026 limit), and if you work, you may be able to save more through ABLE to Work. Balances up to $100,000 don't count against the SSI resource limit, so saving in an ABLE account won't cut off your SSI the way regular savings can.
Who qualifies
You can open an Oregon ABLE account if your qualifying disability or blindness began before age 46 -- this age limit rose from 26 to 46 starting January 1, 2026, so many more people now qualify. You also need to be an Oregon resident.
How other benefits affect it
Because balances up to $100,000 don't count as a resource for SSI, an ABLE account is one of the few ways to save real money while staying under SSI's asset limit. It works the same way for SSI for Children.
How to apply
Open an account online at oregonablesavings.com. You'll provide your name, address, date of birth, and Social Security number, then choose how your contributions are invested. It takes at least $25 to open an account, and $5 for each contribution, withdrawal, or transfer after that. There's a $35 annual account maintenance fee.
Go to the official page →or call 1-844-999-2253
Documents you’ll likely need
- Your name, address, date of birth, and Social Security number
Programs that combine with it
- Supplemental Security Income (SSI) — monthly cash if you're 65+, blind, or disabled with almost nothing
- SSI for Children — monthly cash for a low-income family raising a child with a serious disability
Sources
- Oregon ABLE Savings Plan Program Description
- Oregon Treasury: ABLE age eligibility change
- Official rule text “The law raises—from 26 to 46—the age at which a disability needs to be diagnosed for a person to qualify to open an ABLE account.” (checked July 6, 2026)