Oregon Saves
Frequently Asked Questions
Employer FAQs

Can employers cancel their employer-sponsored retirement plans and offer this instead?

Oregon's program isn't intended to replace employer-sponsored retirement plans, which have many important benefits. For example, 401(k) plans have higher employee contribution limits and allow for employer matching contributions, unlike OregonSaves.

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Do employees need to fill out paperwork to enroll or make changes?
What does automatic enrollment mean?
If I offer OregonSaves to my employees now and then decide to offer a qualified retirement plan later, what do I do?
Can I have a designated employee or payroll services provider complete the registration and enrollment process?
How long does it take to complete registration online?
What if I already offer a qualified retirement plan?
What if my payroll provider is stating they will charge a fee for remitting contributions with OregonSaves?
What if my payroll company won't help me administer OregonSaves?
Do other states have programs like this?
Are there measures to keep my account safe from cyber threats?