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  1. RetireReady NJ
  2. Employer
  3. Frequently Asked Questions
  4. Employer FAQs

What does automatic enrollment mean?

It means that if an employee takes no action during the 30 day opt-out window for the program, a Roth IRA will be opened in their name and will be listed as an active employee on your report to send payroll contributions. Employees who are automatically enrolled in the program will have the default contribution settings elected.

Articles in this section

  • How can the 360 Integration with Olympic Payroll assist in facilitating RetireReady NJ? (Video Walkthrough)
  • Can my company join the program before its required date?
  • How Do I Contact RetireReady NJ?
  • What is considered to be a qualified, employer-sponsored retirement plan?
  • Can I have a designated employee or payroll services provider complete the registration process?
  • If I offer RetireReady NJ to my employees now and then decide to offer a qualified retirement plan later, what do I do?
  • What if my payroll company won't help me administer RetireReady NJ?
  • Are workers of only certain immigration statuses eligible for the program? What about undocumented workers?
  • As an employer participating in RetireReady NJ, am I allowed to match my employees’ contributions?
  • What if my payroll provider is stating they will charge a fee for remitting contributions with RetireReady NJ?
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← RetireReady.nj.gov