About the Minnesota Secure Choice Retirement Program

The Minnesota Secure Choice Retirement Program is dedicated to bridging the retirement savings gap by providing a simple, automatic, and portable retirement savings option for hundreds of thousands of Minnesotans.

Secure Choice enables Minnesota workers to build retirement income and take meaningful steps toward long-term financial security.

Established in 2023, Minnesota Secure Choice is a state-facilitated, employer-supported retirement program that gives employees a reliable, accessible tool to build their own savings. It allows employers with 5 or more employees to provide a competitive retirement savings benefit at a low cost with minimal administrative burden.

Minnesota Secure Choice’s mission is rooted in accessibility and empowerment. Through automatic payroll deductions into an individual retirement account (IRA), Minnesota Secure Choice makes saving effortless. Workers keep full control of their accounts, benefit from low fees and maintain portability across jobs, while employers avoid the cost and complexities of managing their organization’s own retirement plan.