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Treasury's savings programs show growth; agency highlights outreach and financial wellness scorecard
Summary
Ryan Mann of the Treasury Savings Network briefed the General Government Subcommittee on April 3 on the Oregon College Savings Plan, ABLE accounts and Oregon Saves, saying the three programs now serve roughly 367,000 accounts and hold nearly $6 billion and that outreach and a financial wellness scorecard are central to expanding participation.
Ryan Mann, executive director of the Oregon Treasury Savings Network, told the Ways and Means Subcommittee on General Government on April 3 that the Treasury's three savings programs have grown substantially and that the office is focusing on outreach and partnerships to increase participation.
Mann described the three core offerings: the Oregon College Savings Plan (529) for education and training‑related expenses, the ABLE program for people with disabilities to…
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