Home - OregonSaves OregonSaves is the state of Oregon’s retirement savings program that provides Oregonians with an easy and automatic way to save for the future Oregon employers of all sizes who don’t already offer a workplace retirement plan must complete registration or certify exemption before their required deadline
Frequently Asked Questions - Oregon Saves Customize your savings choices Set up automatic contributions from your bank account to your OregonSaves retirement account, or choose the initial minimum contribution and select your investment options
What Is OregonSaves and What Do Employers Need to Know? - ADP OregonSaves is a state-mandated retirement plan, meaning that certain employers must either enroll their employees in the program or sponsor a qualifying plan of their own through the private market Eligible businesses that fail to comply may be penalized
The OregonSaves Program: Everything You Need to Know To bridge the gap, Oregon passed legislation that established a dedicated, state-run retirement program designed for businesses and their employees to build long-term savings OregonSaves provides an easy and automatic way for Oregonians to save for their future
What is OregonSaves? Guide to Oregon’s Retirement Savings Program - Gusto OregonSaves is a state-mandated retirement program sponsored by the Beaver State Employers that meet the mandate’s requirements must either enroll in the program or offer their employees an alternative qualifying retirement savings program, such as a 401 (k)
Program Details - OregonSaves There are two ways to participate 1 Save through your employer Most savers will participate in OregonSaves through their employer with automatic payroll contributions After your employer registers, you’ll be enrolled automatically, and OregonSaves will notify you that it’s time to take action You can choose to: Do nothing
Building Wealth through the OregonSaves Program for Retirement Savings To help these workers, Oregon has created a state-sponsored retirement program for employees of companies that do not offer such plans This program — the first of its kind in the United States — automatically enrolls eligible workers and provides them with an account that resembles a Roth IRA