Hawai'i has partnered with the State of Oregon and their ABLE for ALL Savings Plan. The National Program ABLE for ALL Savings Plan is available without regard to the beneficiary's state of residence. The Hawai'i ABLE Savings Program is a participant in the National Program.
- Program typeABLE Savings plan
- Investment ManagerSellwood Consulting
- Inception2021
- State agencyHawai'i Department of Budget and Finance - Director of Finance
- Program ManagerSumday
Investment Options
Investors in Hawai'i ABLE can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
