Oregon State Treasurer, Tobias Reed, joined us to talk about Oregon Saves.
Workers in Oregon have a new, easy way to save for retirement at work. You don’t need to do anything to enroll if your employer doesn’t offer a retirement plan. You will automatically start saving a percentage of your paycheck in your own IRA (individual retirement arrangement) that will stay with you from job to job. It will always remain your money and you have total control over your account. You do not have to participate and may opt out at any time. We work hard for our money, and it’s time our money went to work for us. The result is simple: more Oregonians will save. That’s good for all of us.