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Colorado SecureSavings makes saving easy and puts you in control of your financial future

An easy way to save for retirement is coming to Colorado in early 2023! The Colorado SecureSavings Program is a flexible, secure, and seamless way to save for your retirement. This new program will let you contribute to your own Roth Individual Retirement Account (IRA) through automatic payroll deductions, and it’s easy to join.

When it’s time to retire, for many of us, Social Security benefit payments won’t be enough

That’s why it’s important to save early in a retirement savings program like Colorado SecureSavings.

Program benefits

Here’s how Colorado SecureSavings benefits you as an employee:

  • It’s easy. Once you’re added to the program, you’ll be signed up automatically for payroll contributions, unless you choose to opt out.

  • You’re in control. Decide how much you’d like to save each month from your paycheck, after taxes are deducted.

  • It’s your money and account. If you change jobs, or leave your job, your money and your account go with you.

  • Map your financial future. Colorado SecureSavings offers tools and resources to help you maximize your savings in retirement and reach your financial goals.

  • It’s smart. Your savings rate will automatically increase by 1% each year until it reaches 8%, unless you choose otherwise.

There will be two ways to participate when we launch in 2023


Save through your employer

If your employer participates in Colorado SecureSavings, you can choose to:

  • Do nothing at all. Your employer will add you to the program. If you choose to do nothing, after 30 days you will be enrolled automatically with the default savings and investment options. The default savings rate is 5% of your total pay, and that amount is deducted from your paycheck after taxes have been taken out.

  • Customize your account. You can choose to customize your contribution amounts, investment options, and beneficiaries.


Save on your own

If you’re self-employed or don’t work for an employer registered with Colorado SecureSavings, you can contribute directly to your own Roth IRA account. It takes only a few minutes to get started:

  • Create an account. You’ll just need your Social Security number, date of birth, and residential address.

  • Customize your savings choices. Set up automatic contributions from your bank account to your Colorado SecureSavings account, or choose your initial minimum contribution and select your investment options.

Want more info to go?

Read our Saver Fact Sheet.

Prefer to opt out?

Participation in Colorado SecureSavings is completely voluntary. You can opt out at any time or re-enroll in the program whenever you’re ready.