We teamed up with the state of Oregon so people with special needs can easily access investment tools that improve their lives.
We take to heart the trust placed in us by our clients and are particularly gratified when we can help them improve service to their customers and expand their reach to include underserved populations. One example of our team’s inspiring work is the launch of the Oregon ABLE Savings Plan. ABLE, which stands for “the Achieving a Better Life Experience Act,” is designed to create special savings accounts for disability-related expenses to help people with blindness, Down syndrome, autism, cerebral palsy and other intellectual or developmental challenges.
“BNY Mellon’s support ensured a smooth rollout of this groundbreaking program,” said Michael Parker, executive director of the Oregon 529 Savings Network, which formally launched Oregon ABLE on December 6, 2016. “Because they bring such solid processes and tools to the table, they were able to spend more time listening closely to our needs and the needs of the population we serve. The result is a program that avoided heavy custom development while still meeting the needs of participants. Families with disabilities already face tough choices. It has been gratifying to have the support of a BNY Mellon team that shares our commitment to improving lives.”