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Employers

Program details

New businesses Registration

March 1, 2025

deadline

Register your business today

All eligible Vermont employers are required by law to facilitate Vermont Saves if they don’t offer a retirement plan for their employees. Registration is now open for all eligible employers.

Don’t wait — take action today.

Employer eligibility

You’re required to register if you:

  • Have 5 or more employees

  • Have been in business for at least 2 years

  • Do not offer qualified retirement plan

How do I get started?

You’ll be notified by Vermont Saves when it’s time for your business to register. To begin, you’ll need:

  • Your Federal Employer Identification Number (EIN)

  • The Vermont Saves Access Code from your notification

If you missed your deadline, register your business online today or reach out to our call center for assistance.

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Don’t have your access code?

If you are unable to find the Access Code for your business, we can resend it to your email.

Resend Access Code

Already offer a retirement plan?

Employers who provide a qualified retirement plan to their employees should certify their exemption from the program using their provided Access Code.

Certify your exemption

Onboard your company for Vermont Saves

There are just a few steps you need to take to get started.

Learn more in the Employer Help Center

Your responsibilities as an employer

We know that running your business is your top priority. That’s why Vermont Saves is easy to set up and requires only light account maintenance. We’ll take care of the rest, at no cost to you.

Set up your ID and password, answer questions about your company and payroll process, complete payment setup, and then add your employees.

You can even invite a payroll representative to help you facilitate this process. Your payroll representative can be an admin, a teammate, or even your bookkeeper or payroll administrator.

Once you have added employees, we will communicate directly with them to explain their options during the 30 days they have to opt out or customize their account.

At the end of the 30-day period, we will notify you of their choices and send a reminder to begin payroll deductions, and submit contribution information and funding for the employees who choose to stay in the program.

To stay in compliance, continue to send payroll contributions and maintain employee records, including updating contribution rate changes when needed, adding new employees, and marking former employees as terminated.

Things you won’t be responsible for

  • Enrolling employees into their Vermont Saves Roth IRA.

  • Answering questions about Vermont Saves and its investment portfolios, or helping employees choose investments.

  • Managing Vermont Saves investment options and processing employee investment change requests.

  • Processing distributions from employee investment accounts.

  • Managing employee investment account changes. Your employees will be responsible for maintaining their account information and settings if enrolled.

Have questions?

We have answers.

Find answers to common questions, how-to videos, and other useful guides in our online Help Center.

Go to Help Center