Employer FAQs
To contact support, please call (844) 692-1073 or email clientservices@coloradosecuresavings.com.
Employees are enrolled automatically and do not need to fill out any paperwork. Once enrolled, employees can manage most account functions online. But, if needed, there are paper forms available for certain account changes; these forms can be downloaded, filled out, and sent in. Our customer service team is also available if your employees need any additional help or have other questions.
It means that if an employee takes no action during the 30 day opt-out window for the program, a Roth IRA will be opened in their name and will be listed as an active employee on your report to send payroll contributions. Employees who are automatically enrolled in the program will have the default contribution settings elected.
The Colorado SecureSavings program rules are posted here.
The Colorado SecureSavings Board in the Colorado Department of the Treasury is responsible for making decisions about the investment options available to participants of the program.
Employers that choose to introduce a qualified retirement plan after enrolling employees in the Colorado SecureSavings program should exempt their business. You can find more information about this process here.
Saver FAQs
If you choose to participate, set up your account here and follow the on-screen instructions.
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.
All program details can be found in our Program Description.
The Saver's Credit is a federal tax credit you can get for making contributions to your retirement plan. It can be worth from 10% to 50% of your annual contributions, but the eligibility and conditions for the credit are complicated. For more information, visit the IRS website. You may also want to consult with a tax expert or financial advisor.
The Colorado SecureSavings Board, whose mission is to “promote and enhance retirement savings for private sector employees in the State,” is responsible for making decisions about the investment options available in the program.
The expense ratios and other information for the funds used in the Colorado SecureSavings retirement savings program can be found on the Investments page.
In addition to the expense ratios, there are also asset-based fees and annual account fees for the Program, regardless of which investment option you choose. These fees and expense ratios go towards managing and running the Colorado SecureSavings retirement savings program and the underlying investments, respectively.