Help your employees save for retirement

Oregon employers who don’t offer a workplace retirement plan must complete registration or certify exemption before their required deadline.

Learn more

Designed to give employers an easy way to support retirement savings

No employer fees
No fiduciary responsibility

Minimal maintenance
Benefit to attract and retain employees

Business eligibility

OregonSaves applies only to businesses that don’t offer a qualified retirement savings plan for their employees.

If you already offer a plan, your business has no W2 employees, or you’re a sole proprietor, use your unique Access Code and EIN to certify your exemption.

What employers need to know

Registering your business takes just a few minutes.
There are no fees for employers.
Employers serve a limited role: Add employees and submit employee contributions with built-in payroll integration.
OregonSaves provides you with support so that you can focus on running your business.
Employers cannot make contributions to employee accounts.

What employees need to know

Their OregonSaves account is a Roth IRA (after tax).
The default savings rate is 5 percent of gross pay, and they can change their rate at any time.
They will be auto-enrolled after 30 days if they do not opt out, and they will begin saving through payroll contributions.
They can opt out and back in at any time.
Their account is portable. It stays with them even if they leave your workplace.

A 2019 study by national nonprofit Commonwealth found that simply offering a savings option at work reduced employee stress and improved productivity, retention, and loyalty.

Rise with the Raise. The Promise of Straightforward Employer Benefits for Building Lower-Wage Employee Financial Security. Commonwealth. (2019, July). https://buildcommonwealth.org/news/post/rise-with-the-raise-release.

Cork & Bottle Shop

Hear how OregonSaves helps small businesses offer retirement savings incentives to stay competitive as an employer.

Dahle Orchards

Learn about how OregonSaves enables family-owned Dahle Orchards to provide an important benefit that helps employees stay financially secure at no extra cost.