Now, more Oregonians with disabilities can save safely
As of January 1, you can qualify for an ABLE account if your disability began before age 46 – up from 26. This opens the door to tens of thousands of Oregon adults who were previously shut out, allowing them to finally use ABLE’s tax advantages and financial benefits for long-term planning.
Free money for kids! Sign up for 530A accounts and Embark savings accounts
New federal savings accounts will give $1,000 to children born between 2025 and 2028. You can open accounts for eligible children younger than 18 by filing Form 4547 at any time, such as with your 2025 tax return, or via an online portal that will be available by summer.
Eligible young children in most Oregon counties also will receive another $250. The Section 530A accounts, also nicknamed Trump accounts, will be invested and available to the child after they turn 18.
Separately, Oregon’s Embark savings plan for education and career training is available to people of every age.
If you make contributions, you’ll be eligible for a refundable tax credit worth up to $360, every year. Accounts opened before a child’s first birthday or in their kindergarten year receive a bonus $100.
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Now accepting nominations: Oregon financial empowerment awards
In classrooms and communities, financial education and wellness champions are helping Oregonians to learn how to manage money, protect themselves, and lead more secure lives. You can recognize them with the annual Oregon Financial Empowerment Awards. Application deadline: March 1, 2026.
The check won’t be in the mail. Now’s a good time to get banked
The federal government began phasing out paper checks in 2025 to reduce fraud. Visit MyMoney.gov to learn about options for receiving your tax refund via electronic payment. Do you need a bank or credit union account? The Bank On Oregon coalition lists qualified low-cost accounts in your neighborhood.
National expert on financial wellness will discuss the money issues consumers face at upcoming meeting
We are pleased to announce that Dr. Billy Hensley, the director of the National Endowment for Financial Education, will discuss the current landscape and challenges on February 3, 2026, with the Oregon Financial Empowerment Advisory Team, a public-private partnership led by Treasurer Steiner. This meeting is open to the public.
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