• How does enrollment work?

    First, you’ll be asked to provide certain information about your business and employees. We ask only for the basic information necessary to set you up as an employer and to set up your employees' accounts. Once added to the program, your employees will receive information, including instructions on...

  • How does the Colorado SecureSavings program work?

    Colorado SecureSavings offers a simple way to save for retirement. If your employer is registered for the program, you can save through automatic payroll contributions from your paycheck. The default savings rate for a Colorado SecureSavings account is 5% of your gross pay (the amount you earn...

  • How is Colorado SecureSavings different from plans like a 401(k) or an IRA?

    The program is designed to pull together some of the best features of popular employer plans and IRAs. We’re helping to lower barriers like complex administration and high costs that may keep employers from offering a successful retirement savings plan to their employees. With Colorado...

  • How is the Colorado SecureSavings program different from plans like a 401(k) or an IRA?

    Many plans involve complex administration requirements, fiduciary liability, and high costs, all of which can keep employers like you from offering employees retirement savings plans. But Colorado SecureSavings is different. It offers some of the best features of popular employer plans and IRAs,...

  • How long does it take to complete enrollment online?

    That depends on how many employees you have and whether you enter their information manually or use the batch upload feature or payroll system integration for multiple employees. Once employees are entered into the system, just update your payroll processing to include employee contributions, which...

  • How long will it take to receive my money?

    Please allow up to 3-5 business days. Distributions will generally be processed within 3 business days of your request. During periods of market volatility and at year-end, distribution requests may take up to 5 business days. For security purposes, there will be a hold of 15 calendar days when...

  • How will I know when I can register and enroll my employees?

    You’ll receive enrollment communications directly from Colorado SecureSavings via mail or email when the program is open for you to participate. This will also be your chance to certify your exemption from the program if you already offer a qualified retirement savings plan.

  • How will I know when my account is close to the annual IRA contribution limit?

    Colorado SecureSavings will monitor your account and notify your employer to stop contributions when you are nearing the limit. However, Colorado SecureSavings will not have information on your contributions to another Roth IRA, or any other IRAs you may have. You should ensure that the total of...

  • How will I know when my contributions will auto escalate?

    Colorado SecureSavings notifies participating savers about auto-escalation prior to any increase.

  • I’m self-employed. Can I set up my own Colorado SecureSavings account?

    Yes, if you are 18 or older, have earned income, are employed in Colorado, and are eligible to contribute to an IRA, you can sign up yourself here. You can set up automatic contributions through your bank account or contribute by check using a mail-in paper form after your account has been set up.