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Launch their future.

Every cent you save today helps make your kid’s education dreams a reality. Discover how starting small helps their future take flight.

Same mission. Fresh name.

Embark is the new name for the Oregon College Savings Plan. Why the change? We’ve always been committed to helping families save for education, and now our name reflects our inclusive mission: to help people save for all kinds of education, not just college.

The plan you know and trust is still here. But now it’s more flexible than ever and built for dreams of every shape and size.

Smart, simple, and designed to grow.

A plan for every path.

You can use an Embark account to pay for apprenticeships, trade school, community college, and so much more.

Save at your own pace.

Budgets change and plans evolve — we get it. Embark makes it simple to start small and adjust your savings as you go.

Built just for you.

Supported by the Oregon State Treasury, Embark is a 529 savings plan that's been helping people pursue education for decades.

Supporting families. Winning awards.

Embark was officially awarded “High Honors” from Saving For College, a trusted national resource for education savings plans. This makes Embark one of the top 529 plans in the U.S., and a solid choice for Oregon families.

We’re part of something bigger.

Embark is a program within Upward Oregon, a statewide effort to make saving, planning, and dreaming easier for every Oregon family. It’s all about access, equity, and making financial wellness a reality.

New beginnings. Clear answers.

Change comes with questions, and we’re here to offer clarity.

Why did the name change?

We refreshed our name and look to better reflect the real choices Oregon families make, and to make it clear that we support every kind of future, not just college. Embark is still the plan you know and trust, now with a name that’s inclusive of every path.

Do I have to live in Oregon to open an account?

No. You can live anywhere in the U.S. and have an Embark account, as long as you’re a U.S. citizen or resident with a valid Social Security number or tax ID.

What can I use my Embark savings for?

Embark savings can be used for all kinds of education expenses, not just college. That includes trade schools, community colleges, apprenticeships, graduate school, and more. As long as it’s a qualified education expense, your savings can help cover it.

Is there an Oregon state income tax credit?

Oregon residents that have contributed to an Embark account are eligible to claim the state income tax credit, even if their income is below the IRS minimum to file taxes.

What if my beneficiary decides not to go to school or use all of the funds?

We know life doesn’t always go according to plan. That’s why Embark is built to adjust with your goals. If your kid chooses a different path or doesn’t use all their funds, you have options. You can:

  • Change the beneficiary to another eligible family member.
  • Keep the savings for future education.
  • Roll over the funds into a Roth IRA for retirement.
  • Or, withdraw the money (just know that non-qualified withdrawals may be subject to taxes and a 10% penalty on earnings).