Join the Business Education Session: WA Saves – Retirement Plan Market Update hosted by the Burlington Chamber of Commerce!
Washington employers, this one matters.
Washington Saves is a new state-facilitated retirement savings program expected to launch in 2027. It’s designed as a simple, no-fee way to help employees save for retirement through automatic payroll deductions into an IRA.
During this session, we’ll cover:
• What Washington Saves is and how it works
• Which employers are required to participate
• Key requirements under state law
• How automatic enrollment works for employees 18+
• What “no employer fees, no employer contributions, and no fiduciary responsibility” really means
• Important updates related to Secure 2.0 and retirement plan legislation
Under current law, employers may be required to participate if they:
• Have operated in Washington for 2+ years
• Have a physical presence in the state
• Employ 10,400+ hours per year collectively, roughly equal to 5 full-time employees
• Do not currently offer a qualified retirement plan
We’ll also discuss why this matters beyond compliance. Studies show employees are significantly more likely to save when payroll deduction is available, and businesses offering retirement benefits often see stronger retention.
🍴 Lunch will be provided by Avenue Catering.
📅 Please register by Monday, March 23 at noon so we can provide our caterer with an accurate headcount.
Chamber members attend with lunch included. Non-members are welcome with a $5 minimum donation.
If you’re a business owner, HR professional, or anyone responsible for employee benefits, this session will give you clarity, confidence, and practical next steps before the 2027 launch.
Save your seat today and stay ahead of the curve.
