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  1. Oregon Saves
  2. Employer Support
  3. Frequently Asked Questions
  4. Employer FAQs

Employer FAQs

  • Compliance FAQs

  • Is there a minimum age to participate in OregonSaves?
  • Which businesses are eligible to participate in OregonSaves?
  • When do I need to enroll new employees?
  • What if an employee asks me for advice about the program or its investment options?
  • What if an employee already has an existing OregonSaves account?
  • What do employees need to do after I enroll them?
  • How does registration work?
  • Is there a penalty for late or omitted payroll deductions?
  • Are there any fees for employers to participate?
  • Will services and materials be available in other languages?
  • What legislation created OregonSaves?
  • How is OregonSaves different from plans like a 401(k) or an IRA?
  • Do employers have to facilitate OregonSaves?
  • Is this related to the Oregon Public Employees Retirement System (PERS)?
  • Can employers cancel their employer-sponsored retirement plans and offer this instead?
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