Can I roll over my Oregon College Savings Plan account into an Oregon ABLE Savings Plan?

Yep! A specific ABLE provision was included in the tax bill signed into law at the end of 2017. Money from an Oregon College Savings Plan account can now be rolled over into a beneficiary’s (or eligible family member’s) ABLE account without being penalized. There is a $15,000 rollover limit (minus the ABLE contributions already made during the current year).

You can find the appropriate 529 College Savings to ABLE Rollover Form here.

RolloversRachel Diesel