RetireReady NJ

If your business has been running for at least 2 years, has 25+ employees and does not offer a retirement plan, you are mandated to sign up for RetireReady NJ! 🚨 Why should you sign up for our webinars? ⭐Understand the requirements, responsibilities and benefits of facilitating RetireReady NJ ⭐Receive an action checklist to get started ⭐Get your questions answered in a live Q&A session February 11th, 2pm: https://lnkd.in/d4UKMdqr March 11th, 10am: https://lnkd.in/dqQnp-eK #retirereadynj

Happy National Pie Day!🥧🍰😋 No matter how you slice it, putting a little away for retirement now can bring sweet benefits in the future. Learn how you can begin filling up your retirement savings with RetireReady NJ. https://lnkd.in/eqVYJDvf #retirereadynj

Questions & Answers with RetireReady NJ: ✍🏽 Q: Did the RetireReady NJ contribution limits change for 2025? A: The maximum contribution amount of $7,000 (or $8,000 if you’re age 50 or older) did not change from 2024 to 2025. However, the income limits did change. You can find out more at https://lnkd.in/eSAWPk-p #retirereadynj

Today we take a moment to reflect on the legacy of Dr. Martin Luther King Jr. His courage and wise words will never be forgotten. #MartinLutherKingJrDay #retirereadynj

Check out Governor Murphy’s State of the State Address. At 18:30 he mentions RetireReady NJ. Click the video below ⬇️ #retirereadynj https://lnkd.in/eQ92nyFu

Did you know that retirement for men and women can look very different? This Government Executive article gives insight regarding retirement planning for women. 📃Click the link to explore the informative article: https://lnkd.in/eTWQfSfn #retirereadynj

RetireReady NJ's Question & Answer Time ⌚ Q: What does it mean when my account has a status of Ineligible? A: Due to federal financial laws, we are required to verify the identity of a saver before accepting retirement contributions for them. Sometimes there are issues, perhaps caused by a change of address, a data entry error, or a short public records history. In those cases, we ask for additional documentation, such as a copy of a driver’s license or a Social Security card or a lease. Once we verify the information, we can change your status to Active and begin accepting contributions into your RetireReady NJ account.  Please call our Saver Assistance line at 844-553-4043 for assistance. #retirereadynj

In 2024, we had the opportunity to travel all throughout the state to many different events and share how RetireReady NJ can help the citizens of New Jersey save for retirement. ❗What events should RetireReady NJ attend in 2025? Leave a comment or send us a message 📥 #retirereadynj

Questions & Answers with RetireReady NJ ✏️📜🔎 Q: Do I need to get my employee’s permission before withholding for RetireReady NJ? A: No. After you registered with RetireReady NJ, we contacted your employees--by email when available, or by US mail. We provided them with instructions on how to customize their accounts. As an employer, you are required to follow the contribution instructions received from RetireReady NJ unless and until those instructions change. An employee can change their contribution amount or opt out through their on-line account, or by telephone or mail. Once the request is received, the change will process overnight and show in the employer portal the following day. If an employee misplaced their notification, or does not remember receiving it, they can call our Saver Assistance line at 844-553-4043. #retirereadynj

Common myths about Auto-IRAs 🔎: 🚫 My contributions would be too small to make a real impact 🚫 It is too complicated for employers to set up 🚫 Only employers can utilize this 🚫 Contribution rates for savers cannot be changed RetireReady NJ is a state mandated Auto-IRA program that is designed to be easily implemented and help employees save for a secure retirement. It is customizable to individual needs and it is easy to get started! For more info: retireready.nj.gov #retirereadynj