Explore these frequently asked questions.

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.

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.

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).

Anybody with a Social Security number or tax ID can open an Embark account.

Absolutely! You may decide to open separate accounts for different beneficiaries.

Embark is a 529 College Savings Plan designed to help people in (and outside of) Oregon save for their education.

Embark is a dedicated savings account for educational expenses. A Roth IRA is a dedicated savings account for retirement expenses.

No. As with any investment, there is some risk involved. Learn how Embark accounts balance risk and growth potential.

Embark is administered by the Oregon Treasury Savings Network which is a division of the Oregon State Treasury.

Money kept in a traditional savings account earns interest at a modest rate, while funds in an Embark account can be invested in a variety of options with the potential to grow at a faster rate.

Fees for each investment option are different, but the average annual cost is 0.28% of your invested assets per year, which translates to $2.80 in fees for every $1000 you invest.