HOW IT WORKS

 

The Marketplace

Our job is to make finding a retirement plan easy.  We have partnered with private financial providers to offer affordable plans that will help enhance your employee benefit package as a business as well as help individuals save for retirement.

Quickly compare low-cost plans that have been verified by Washington State officials. 

No personal information is shared on this site. The Retirement Marketplace links you to the provider’s website once you’ve identify a plan that meets your needs. From there, you will work directly with the private financial provider to enroll and start saving for retirement.

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1. Review Plans

Find a plan that works best for you or your business. Look at all plans for a side-by-side comparison with an option to learn more about the details of the plan features.

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2. Choose a Plan

Click on the ‘Start Saving’ button for the plan that interests you. You will be linked to the provider’s private website to complete some basic information and connect directly with the provider.

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3. Customize It

The provider will explain the plan features and investment options in more detail and  answer any questions you may have. The provider will work with you to customize the plan to meet your needs.

4. Start Saving

Complete a couple of simple forms to enroll and start saving. The plan provider will work with you at every step of the way to ensure the process is simple and easy to understand.

Contact Us

(360) 725-5070

retirementmarketplace@commerce.wa.gov

PO Box 42525
Olympia, WA 98504-2525

Retirement Marketplace

The Small Business Retirement Marketplace is administered by the Washington Department of Commerce as established in RCW Chapter 43.330.730-750. Plans carried on the Retirement Marketplace are verified by the Department of Financial Institutions and/or the Office of the Insurance Commissioner to meet the requirements set forth in RCW 43.330.732(7) and 735(6)(a).

Enrollment in plans on the Retirement Marketplace is voluntary. Plan enrollment is managed by private financial services firms. Saving through certain plans will not be appropriate for all individuals. Employer facilitation of most retirement savings plans carries certain legal obligations for which employers are entirely responsible. Contributing to a retirement savings plan may offer tax benefits and/or consequences. Other private sector plans not offered on the Retirement Marketplace may charge lower fees. Consult your tax or financial adviser with questions related to investments.

The trademarks and logos appearing on this page are owned by the respective companies named or depicted herein, and are used here by permission.

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