• What happens to my money if I die with no named beneficiaries?

    If you die and have no named beneficiaries, the account will be payable to your estate under the terms of the IRA. Accounts that become unclaimed property will be subject to applicable law.

  • What if an employee already has an existing OregonSaves account?

    OregonSaves accounts are designed to be portable and stay with a worker throughout their career. Employers do not need to worry about identifying an existing account for employees already saving with OregonSaves. Simply provide basic information about the employee, and OregonSaves will direct new...

  • What if an employee asks me for advice about the program or its investment options?

    Employers should refer employees to the program website (OregonSaves.com) or the call center (1-844-661-6777) for questions about OregonSaves or their account. Employees should contact their financial advisors for investment advice.

  • What if I already have an existing OregonSaves account?

    OregonSaves accounts are designed to be portable and stay with you throughout your career. When your new employer adds you to their OregonSaves portal, they will simply need to provide some basic information about you, and OregonSaves will direct new payroll contributions to your existing account.

  • What if I already offer a qualified retirement plan?

    Employers that offer a qualified retirement plan are exempt from facilitating the program. Simply start the registration process by providing your EIN and your Access Code. Then, certify that you offer a plan in the space provided.

  • What if I don’t select investments for my account?

    If you are enrolled in OregonSaves with the standard savings choices and do not make any investment selections, your funds will be invested temporarily in the Capital Preservation Fund for 30 days after your initial contribution. After 30 days, if you have not changed your investment strategy, your...

  • What if my payroll company won't help me administer OregonSaves?

    You can still offer OregonSaves to your employees on your own with no complex administration — easily making it a part of your own payroll process. Watch this video to see how facilitating the program involves minimal steps and allows you to focus on your business.

  • What if my payroll provider is stating they will charge a fee for remitting contributions with OregonSaves?

    Whether you use a payroll provider or not, OregonSaves does not charge a fee to remit contributions. If your payroll provider will charge you a fee for helping you facilitate the program, you can easily administer it on your own. Watch this video to see how facilitating the program involves minimal...

  • What is a Roth IRA?

    A Roth Individual Retirement Account (IRA) is a specific type of retirement account that you fund with your after-tax earnings, a percentage of which are deposited into your Roth IRA. Your Roth IRA earns money (interest), and those earnings are automatically added to your contributions. When you...

  • What is a Target Retirement Fund?

    A Target Retirement Fund is designed to help manage investment risk and is based on two factors: an investor’s current age and estimated retirement date. This type of fund is comprised of a mix of investments—stocks, bonds, and cash equivalents—that evolve over time to focus on growth for younger...