Oregon is among the first states to implement automatic IRAs for private sector workers who don't have access to a workplace retirement plan. It's program, OregonSaves, is a Roth IRA that automatically enrolls workers, who may choose to opt out, withdraw prior contributions, or change their contribution amount at any time. As of the end of 2019, OregonSaves had been rolled out to all eligible firms in the state with five or more employees, and is expected to enroll all eligible firms by later this year.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.