Colorado Retirement Plan for Outside Directors
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How to fill out Retirement Plan For Outside Directors?
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FAQ
Employers who sponsor a qualified retirement savings plan on their own are exempt from SecureSavings. They can certify their exemption online using the access code provided to them by the state.
Colorado SecureSavings is good for you and your employees Colorado SecureSavings gives businesses a convenient way to help employees save for their future. Employer-sponsored retirement plans can help improve worker satisfaction, increase productivity, and reduce employee stress.
In 2023, Colorado joins a growing list of states requiring most businesses to offer an employer-sponsored retirement savings program, like a 401(k) plan or Simplified Employee Pension Plan (SEP).
A new program for Colorado workers who don't have access to a 401(k) or other retirement plan at their job has officially launched after years in the making. The Colorado SecureSavings program was designed to help nearly 1 million workers with no retirement plan to start one at no cost to the employer.
You can opt out at any time online, by calling 1-844-711-5001, or by mailing in a completed Opt-Out Form( opens in a new window ) to the program.
If your business already offers a qualified retirement plan to your employees, you are not eligible to participate in Colorado SecureSavings.
Yes. Under Colorado law, Colorado employers will be required to offer their employees some sort of retirement savings. This can be a traditional pension, a 401(k) plan, a 403(b) plan, a SEP Plan, a SIMPLE IRA plan, a governmental deferred compensation plan ? or an account from Colorado SecureSavings.
Yes. Under Colorado law, Colorado employers will be required to offer their employees some sort of retirement savings. This can be a traditional pension, a 401(k) plan, a 403(b) plan, a SEP Plan, a SIMPLE IRA plan, a governmental deferred compensation plan ? or an account from Colorado SecureSavings.
