Colorado businesses with five or more employees and at least two years in operation are facing an important compliance requirement. Under state law, these employers must provide workers access to a qualified retirement savings program.

If your business does not already offer one, you are required to either:

• Register for the Colorado SecureSavings Program (CSSP), or
• Certify your exemption if you already offer a qualified plan.

Learn more and register here: Colorado SecureSavings Program

Why this matters

The Colorado Department of the Treasury will begin sending pre-enforcement letters on August 15 to businesses that have not yet complied. Employers who fail to take action may face penalties.

This is not just about compliance—it’s also about providing employees with a simple, accessible way to save for retirement and strengthen their financial futures.

How organizations can help spread the word

The Colorado SecureSavings Program is asking for support in reaching the business community:

1. Share the message – A Digital Compliance Toolkit is available with ready-to-use email, newsletter, and social media content.
2. Host a presentation – A CSSP representative can present to your organization or member group to explain the program and compliance process.

Take Action Today

If your business is eligible, now is the time to act. Register or certify your exemption at coloradosecuresavings.com and avoid potential penalties.