Which employers are eligible to participate in the program?

You are eligible to facilitate the Minnesota Secure Choice Retirement Program if your business or nonprofit:

  • Engaged in a business or provides services in Minnesota and reports W-2 taxes in Minnesota for profit or not for profit.
  • Employs 5 or more employees in Minnesota above the age of 18 years old at part or full-time status.
  • Does not sponsor or contribute to a retirement savings plan for its employees and has not in the immediately preceding 12 months.
  • Is not a state or federal government body or agency or any political subdivision thereof.