Colorado Department of Treasury Presents New Retirement Savings Program for Private Sector Workers

The Secure Savings Program is a retirement program for private sector employers and their employees.

Under the statute, employers with five or more employees, who have been in business for two or more years are required to either provide a private retirement plan to their employees OR, if they are unable to purchase a private plan, they will be required to enroll their employees in the Secure Savings Program at no cost to the employer.

The goals of the Secure Savings Program is to close the retirement savings gap, improve benefit options for small businesses, and promote equitable opportunities to build wealth in Colorado.

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