Oregon State IRA Mandate - Act Now
Oregon retirement plan
compliance made simple
Up to $16,500
in potential
federal tax credits
$17,000
2026 SIMPLE IRA
contribution limit
<15 min
Average
setup time
100% Digital
Paperless onboarding
and administration
Oregon’s retirement mandate is now in effect
Most Oregon businesses with W-2 employees are required to offer a qualified retirement plan or participate in OregonSaves.
Registration deadlines for new businesses
New Oregon businesses must register with OregonSaves or establish a qualifying retirement plan by July 31 of the calendar year following business formation.
Which employers are covered?
- Oregon employers with 1 or more W-2 employees
- Employees working 60+ days per calendar year
- Businesses offering a SIMPLE IRA, SEP IRA, or 401(k) are exempt from OregonSaves requirements
Non-compliance penalties can add up quickly
without access to a qualified retirement plan
for continued non-compliance
A WealthRabbit SIMPLE IRA qualifies as an exempt retirement plan
Businesses offering a qualifying SIMPLE IRA through WealthRabbit satisfy Oregon’s retirement plan requirement without enrolling in OregonSaves.
Your retirement plan
could pay for itself
Eligible Oregon businesses may qualify for up to $16,500 in federal SECURE 2.0 tax credits when starting a SIMPLE IRA, helping offset most or all retirement plan costs during the first few years.
Why Oregon businesses choose WealthRabbit over OregonSaves
Both options satisfy Oregon’s retirement mandate, but a SIMPLE IRA can provide additional flexibility, higher contribution limits, potential tax credits, and enhanced employee retirement benefits.
Why businesses choose a WealthRabbit SIMPLE IRA over OregonSaves
OregonSaves helps businesses satisfy the state requirement. A SIMPLE IRA can provide additional flexibility, employee benefits, and potential tax advantages.
Broader investment options
OregonSaves uses a limited state-managed investment menu. A WealthRabbit SIMPLE IRA gives employees access to a wider range of professionally managed investment options tailored to different goals and risk levels.
Employer contribution flexibility
OregonSaves does not include employer matching contributions. SIMPLE IRAs allow employers to contribute to employee retirement savings through matching or non-elective contributions.
Higher contribution limits
SIMPLE IRAs offer higher annual contribution limits than OregonSaves, helping employees save more for retirement and take advantage of additional catch-up contributions when eligible.
Potential federal tax credits
Eligible businesses starting a SIMPLE IRA may qualify for up to $16,500 in federal SECURE 2.0 tax credits to help offset setup and administration costs.
Launch your retirement
plan in minutes
Set up your plan, invite employees, and automate contributions, all from one streamlined digital platform.
1. Create Your Retirement Plan
Choose the plan that fits your business and complete setup entirely online. No paperwork, printing, or faxing required.
2. Invite Your Employees
Send secure digital invitations so employees can enroll and manage their accounts on their own time.
3. Connect Payroll & Automate Contributions
Sync payroll, schedule contributions, and let WealthRabbit automate deposits and ongoing administration.
Everything Oregon businesses need to manage retirement benefits
Modern retirement plan tools designed for small businesses: with automated administration, payroll integrations, and built-in compliance support.
Payroll Integration
Connect with leading payroll providers including Gusto, ADP, QuickBooks, Paychex, Square, and more to automate contribution syncing and reduce manual administration.
Fully Digital Onboarding
Set up your retirement plan, invite employees, and manage enrollment entirely online, without paperwork, printing, or in-person meetings.
Employer & Employee Dashboards
Employers can monitor contributions, compliance status, and plan activity in one place, while employees securely manage their own accounts and investments.
Tax reporting & compliance support
Access retirement plan reports, SECURE 2.0 tax credit documentation, and year-end tax forms designed to simplify administration and tax preparation.
Flexible investment options
Employees can choose from professionally managed portfolios tailored to different goals and risk preferences, including optional crypto-inclusive portfolios.
Oregon Mandate Compliance
WealthRabbit SIMPLE IRAs satisfy Oregon retirement plan requirements while helping businesses streamline administration and employee enrollment.
Investment Options Employees Actually Understand
Your clients don't need to become investment experts. WealthRabbit automatically matches employees with professionally managed portfolios designed around their goals, risk tolerance, and retirement timeline.
Core Portfolios
Diversified, time-tested investment strategies built for steady long-term growth and capital preservation.
- Professionally managed portfolios
- Time-tested methodologies
- Diversified asset allocation
- Automatic rebalancing for optimal performance
Crypto Portfolios
Powered by
Get exposure to digital assets inside your Backdoor Roth IRA — combining tax-free growth with professionally managed crypto strategies.
- All investments held in crypto ETFs & ETPs
- Research-driven fund allocation
- No digital wallet management needed
- No special crypto tax reporting needed
SIMPLE IRA Setup Guides
Download free resources designed to help employers and employees understand, launch, and manage a SIMPLE IRA with confidence.
Employee starter guide
A beginner-friendly guide that helps employees understand how SIMPLE IRAs work, enroll in the plan, and make informed retirement savings decisions.
- What is a SIMPLE IRA?
- How employee enrollment works
- Understanding employer contributions
- Investment options & account access
Employer setup guide
A practical guide for business owners covering SIMPLE IRA setup, compliance requirements, payroll coordination, and employee communication.
- Setup process & implementation timeline
- Contribution rules & tax credit opportunities
- Compliance requirements & deadlines
- Employee onboarding best practices
Frequently asked questions
OregonSaves is the state-mandated retirement savings program for employees in Oregon who do not have access to an employer-sponsored retirement plan. It is a Roth Individual Retirement Account (IRA) funded through automatic payroll deductions. The default contribution rate is 5% of gross pay, and contributions automatically increase by 1% each year until reaching a maximum of 10%.
An employer is required to either register for the program or certify an exemption if they meet all of the following criteria:
- Your business is registered to conduct business in the state of Oregon
- You have one or more employees aged 18 or older who earn wages in Oregon
- You do not currently offer a qualified retirement plan
Employers that offer an eligible, qualified plan—such as a SIMPLE IRA through WealthRabbit—are exempt and must certify their exemption with the state
The final registration deadlines for all existing Oregon employers have already passed.
- Employers with 100+ employees: November 15, 2017
- Employers with 50-99 employees: May 15, 2018
- Employers with 20-49 employees: December 15, 2018
- Employers with 10-19 employees: May 15, 2019
- Employers with 5-9 employees: November 11, 2019
- Employers with 3-4 employees: March 1, 2023
- Employers with 1-2 employees: July 31, 2023
For newly established businesses, the deadline is based on the date the business was legally formed:
- If established between January 1 and March 31, registration or exemption certification is due by July 31 of the same year.
- If established after March 31, registration or exemption certification is due by July 31 of the following year.
For help determining your compliance status or certifying an exemption, please contact WealthRabbit support
Employers who fail to comply may face the following penalties:
- A fine of up to $100 per eligible employee per year.
- This fine is capped at $5,000 in a calendar year.