Employers are required to register for the program (or certify exemption by indicating that a qualified retirement plan is in place) by the registration deadline (between March 15th and June 30th, 2023, depending on the number of employees).
After registering, employers will be prompted to upload their employee list to the portal. (New hires should also be added to the portal as they are onboarded)
Employers should share the Saver fact sheet with existing employees and new hires:
Employees will receive notice of the program and will be invited to setup to access the portal. They will be notified of the following:
Employees will be auto-enrolled at a 5% contribution rate unless they opt-out within 30 days. The notification will go via email unless no email address is provided in the census. If no email is provided, the notification will be sent to the employee’s mailing address provided in the census.
This Account Portal is where employees will go to make contributions and fund elections, designate beneficiaries, and more. They can also opt-out via this portal.
Employers will receive notifications via email and on the portal indicating which employees should have contributions. When they receive the notification, the contributions should be set up in the payroll system.
After each payroll, employers should report the contributions in the Account Portal.
The employer’s bank account will be drafted for the contributions withheld from paychecks within 2 business days.
You are eligible (and required) to participate in the Colorado SecureSavings Retirement Savings Program if:
Your business is registered to conduct business in the state of Colorado
You have at least five W-2 employees who have worked for you for at least 180 days
You have been in business for two or more years; and
You don’t currently offer a qualified retirement savings program to your employees
If your business already offers a qualified retirement plan to your employees, you are not eligible to participate in Colorado SecureSavings, and you should complete the opt-out process. (Exemption Certification Instructions, Here)
March 15th, 2023, for employers with 50 or more employees
May 15th, 2023, for employers with 15 – 49 employees
June 30th, 2023, for employers with 5-14 employees
Help Center – Many Help Articles and Videos are linked here
Employer Assistance Phone Number: 1-844-692-1073
Program Email Address: clientservices@coloradosecuresavings.com
FAQs for Employers
Colorado SecureSavings Program Description
Employer Fact Sheet (Short Synopsys of ColoradoSaves)
Employer Fact Sheet (English)
Employer Fact Sheet (Espanol)
Auto-enrollment Notification Form – To be shared with existing employees and new hires
Auto-enrollment Notification Form (English)
Auto-enrollment Notification Form (Espanol)
How-Tos from the Colorado Secure Savings Portal:
Program Onboarding Video | Registration Instructions | Additional Setup Steps | Registration Checklist
Exemption Certification Instructions
Adding Employees to the Colorado Secure Savings Portal |
How To Upload Contributions |
How-Tos from Unify:
Downloading the Employee Census Report from Unify
Downloading Contribution Files from Unify
Updating Colorado Secure Savings Employee Deferral Changes in Unify’s Portal
Account Portal
Account Initial Setup (Requires Access Code that was mailed/emailed)
Retrieve the Access Code with SSN and DOB
Saver Assistance Phone Number: 1-844-711-5001
Saver Fact Sheet (Short Synopsys of ColoradoSaves)
Saver Fact Sheet (English)
Saver Fact Sheet (Espanol)
FAQs for Savers/Employees
Auto-enrollment Notification and Opt-Out Form – To be shared with existing employees and new hires
Auto-enrollment Notification and Opt-Out Form (English)
Auto-enrollment Notification and Opt-Out Form (Espanol)
