What is the connection between the Hawai’i ABLE Savings Program, ABLE for ALL, and the State of Oregon?
The Hawai’i State Legislature enacted chapter 256B, Hawai’i Revised Statutes, to allow for the establishment of the Hawai’i ABLE Savings Program. Chapter 256B allowed Hawai’i to partner with another state’s ABLE plan. After comprehensive research, an official Request for Proposal (RFP), and successful contract negotiations, Hawai’i chose to partner with Oregon’s ABLE for ALL Savings Plan. You can learn more here about the Oregon Treasury Savings Network, the division of Oregon State Treasury tasked with overseeing the ABLE plans and partnerships.