Save Yourself a Seat, for our
The Oregon State Treasury is launching a new retirement savings program called OregonSaves. OregonSaves is a simple and convenient way for workers to save for retirement. It allows employees to save a part of each paycheck in their own, professionally-managed retirement account through payroll deductions at work. The account is also portable, allowing employees to take their account with them from job to job. Any business with employees in Oregon that doesn’t offer a qualified retirement plan will need to facilitate the State’s program for its employees. The program began in July 2017 with a small pilot group of employers. It is scheduled to continue to roll out in phases to all Oregon employers through 2020. Wondering when your Lincoln County business has to be participating? Check the diagram, above. If your business has five employees, for example, you need to be set up by November 2019. Don’t miss this free workshop, where you can ask questions and be fully prepared to comply with this new statewide program.