New State Mandate, New Responsibilities: WA Saves Explained

Description

Washington State is introducing a new retirement savings mandate, and it will impact many employers across the state. If your business has five or more employees and does not currently offer a retirement plan, you will be required to take action starting in 2027.

Join us for an informative session on WA Saves, Washington’s new state-run retirement savings program designed to expand access to retirement benefits. This program will require eligible employers to either enroll in the state program or offer a qualifying alternative, with potential penalties for noncompliance.

We will be joined by Molly Axworthy, CFP®, Financial Advisor with Edward Jones, who will walk you through what this change means for your business, your options moving forward, and how to prepare ahead of the deadline. You’ll gain a clear understanding of the requirements, timelines, and alternative retirement plan solutions that may better fit your organization and employees.

Whether you are unsure how this applies to your business or already thinking about your next steps, this session will provide the guidance you need to stay ahead and make informed decisions.

Plan now to ensure you are ready for 2027.