Employers
Help your employees save and help your business thrive
The New York State Secure Choice Savings Program will give businesses like yours an easy way to help your employees save for the future. Eligible New York employers are required to facilitate the program if they don't offer a retirement plan for their employees.
Already offer a retirement plan?
If you receive a notification from New York Secure Choice but already offer a qualified retirement plan for your employees, use your unique Access Code and employer identification number (EIN) to certify your exemption from the program.
Program benefits
Here's how New York Secure Choice benefits you as an employer:
Free to facilitate
With no cost to employers, New York Secure Choice helps employers offer access to a great benefit for employees.
Easy to set up
It’s easy to set up — no complex administration and minimal ongoing responsibilities.
Low time investment
The program offers easy integration with some payroll providers, so you can focus on your business.
No fiduciary responsibility
You have no fiduciary responsibility, meaning you are not responsible for the investment decisions or outcomes of any employee that participates in the program.
Not responsible for matching contributions
You are not responsible for matching contributions. It is not permitted by the program.
Attract and retain employees
It’s a valuable benefit to attract and retain employees by giving them a simple and secure way to save through automatic payroll contributions into a Roth IRA.
