Since our platform has an integration with your payroll provider, we can take a lot of work off your plate regarding the processing of your payroll files through automation (yay!). This guide will help you set up your integration as well as understand your specific responsibilities for the proper submission of payroll files. Even though your payroll provider is integrated with our platform, all Employers have ongoing requirements to make sure the content is correct.
What is a Payroll Integration?
A payroll integration is a process in which OregonSaves will receive demographic information about your employees and their after-tax Roth IRA Contributions via an automated feed directly from OregonSaves on each pay date.
What is a 180 Payroll Integration?
This is a one-way integration in which we will receive information directly from your payroll system; however, we can not send information back. For example, after you run your payroll, the integration will automatically send your employee's Roth deferrals for contribution into their OregonSaves Roth IRA accounts. However, all deferral changes made by employees will have to be updated manually by you, the employer, in the payroll system.
How Do I Initiate My Integration Set Up?
Prior to initiating your integration setup:
Please be sure you have completed your OregonSaves onboarding prior to completing the below instructions. To complete the Onboarding process, visit our help center article.
1. Log in to your OregonSaves portal and be sure your payment method is listed as Bank Account via ACH (if you have not done so already). If you are unsure where to make this update please see our help center article and select the drop-down from "How do you want to fund your pay group?"
Note: This option allows OregonSaves to pull the total contribution amount directly from your bank account. The ACH will process automatically each time your payroll company submits a contribution on your behalf. To ensure timely remittance of funds after each payroll, this ACH setup is required when using Payroll Integrations.
2. To initiate your integration setup, please email your Complete Payroll Solutions payroll specialist requesting to use the integration with OregonSaves.
Please note - You are still responsible for submitting contributions directly to your OregonSaves portal until the payroll integration has been confirmed. .
Even though your payroll provider is integrated with our platform, all employers have ongoing requirements to make sure the content is correct. This guide will help you maintain your integration as well as understand your specific responsibilities for the proper submission of payroll files.
What does OregonSaves handle for me if my company has an active payroll integration?
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Processing Contributions
- OregonSaves will receive contributions from your payroll provider each pay period on your scheduled pay date. If you process an off-cycle contribution, those will typically be processed the next business day.
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Employee Status Changes
- When you add employees to your payroll system, the changes will be reflected in the portal within 1-2 business days after the next pay date. New Employees then have 30 days to decide whether to participate in the OregonSaves program. They will automatically be notified of their enrollment, along with their participation options, via email or physical mail.
Will Complete Payroll Solutions charge me any fees to set up and/or maintain my payroll integration?
Please talk with your Complete Payroll Solutions representative to find out about any fees that may apply. OregonSaves will not charge you to facilitate this integration.