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Mandated individual retirement account programs by state and municipality

This chart provides an overview of state and local laws requiring employers to facilitate employee participation in government‑run individual retirement account (IRA) programs.

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by the Brightmine Editorial Team

To incentivize increased retirement savings and improve the future financial security of employees of private companies, several states have passed and implemented laws that require covered employers to facilitate optional employee contributions to individual retirement accounts (IRAs) run by the state.

Our 50 state chart includes each state’s major IRA program requirements, including:

  • the program’s status
  • employer coverage
  • employee eligibility
  • employer requirements to facilitate employee enrollment and participation
  • employee contribution rates
  • and employer withholding and remittance requirements.

In addition to information regarding programs that are in effect, the chart includes information for states that have passed a law establishing a mandated IRA program but have not yet fully developed or rolled out the program for employer registration and employee enrollment and participation.

Screenshot of Brightmine 50 state chart: Mandated individual retirement account programs by state and municipality

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Mandated individual retirement account programs by state and municipality

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Latest updates

Updated to reflect New Jersey amendment expanding coverage to employers with 10 or more employees.

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