July 17, 2019 3:40 a.m.
Information on the Oregon ABEL Savings Plan will be shared at the Southern Oregon Regional Brokerage in Roseburg on Tuesday July 23rd.
A release from the State of Oregon said the program was established to enable people with disabilities and their families to achieve financial security without losing critical benefits. According to data from Cornell University’s Employment and Disability Institute, nearly 14% of people who live in Douglas County have disabilities. The release said many Oregonians who qualify for ABLE still have not heard about the program.
The release said the power of ABLE goes beyond offering a simple savings vehicle to the disability community. Instead accounts effectively function as empowerment tools, allowing participants the independence to take control of their financial future. So far, more than 2,000 accounts have been opened for Oregonians with disabilities. Those accounts have accrued more than $11 million in assets since late 2016, according to the release.
The Southern Oregon Regional Brokerage is at 2930 Northeast Stephens. The presentation will run from 5:30 p.m. to 7:00 p.m.