Work Hard. Save Easy.

OregonSaves gives Oregonians an easier way to save for retirement

As Oregonians, we aren’t saving enough for retirement. Without decent savings we face tough decisions about housing, medicine and food. That’s why AARP worked so hard to create and support OregonSaves – a new way to help one million Oregonians save for the future. OregonSaves, run by the state Treasurer’s Office, helps Oregon’s small business, self-employed and other private sector workers that don’t currently have a workplace retirement plan to save easily out of their regular paychecks.

This first-in-the-nation auto-enroll program provides an easy, no-cost retirement savings option for businesses that do not currently offer a retirement savings plan. As an employer, all you have to do is pass information on to your employees and add a payroll deduction from participating employee’s paychecks – with zero employer fees, no employer match and no fiduciary responsibility.    

Here’s how OregonSaves can help:

  • OregonSaves makes saving easy. It is voluntary and workers can opt out at any time. Participating workers automatically make contributions into a Roth IRA account through payroll deductions, and it’s portable, allowing them to take their retirement savings with them wherever life may lead.
  • OregonSaves will help businesses. Workers are more productive when they have more financial security. Employers also can attract and retain workers by facilitating a retirement option.

 

There’s no need to wait! If you’re ready to start helping yourself and/or your employees save for the future, you can join OregonSaves today because they are now officially open to everyone.

Employers can sign-up here, and individual savers can sign-up here.

If you would like additional information about OregonSaves, simply fill out the information below and the OregonSaves Client Service Team will follow-up with you.

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