The Minnesota Secure Choice Retirement Program is a state-sponsored retirement savings initiative designed to help employees build financial security for the future.
Upcoming Deadlines
- Employers with 100+ employees: June 30, 2026
- 50 to 99 employees: December 31, 2026
- 25-49 employees: June 30, 2027
- 10-24 employees: December 31, 2027
- 5-9 employees: June 30, 2028
Who Must Participate
- Applies to businesses and nonprofits with 5 or more employees receiving Minnesota taxable wages.
- Employers must register and participate if they do not already offer a qualified retirement plan (e.g., 401(k), 403(b), etc.).
- Employers that already offer a qualifying plan must file an exemption.
Key Features
- Simple for employers to administer
- No employer contributions required
- Funded through automatic payroll deductions
- Employees can save in a Roth IRA, or Traditional IRA
Your Responsibilities as an Employer
All eligible Minnesota employers are required by law to facilitate Minnesota Secure Choice. Registration is now open. Communications will include a unique Access Code, registration deadline and instructions.
- Register your company at SecureChoice.mn.gov
You will receive a unique Access code via email or mail. You’ll need to provide basic information about your employees, payroll process and banking information.
- Send your employees’ payroll contributions
Begin payroll deductions and easily submit contribution information and funding for the employees who choose to stay in the program.
- Continue sending payroll and maintain employee records
You’ll need to upload or enter your staff list and payroll every pay period into your online employer account.
Helpful Information
- Frequently Asked Questions
- Employers that already offer a qualified retirement plan will need to certify an exemption.
Reach out to our Client Advisory Services and Payroll specialist, Monica Lucht, with additional questions about the Minnesota Secure Choice Retirement Program,.