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← MinnesotaSecureChoice
Employer Saver
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  1. Minnesota Secure Choice
  2. Employer
  3. Frequently Asked Questions
  4. Saver FAQs
  5. Managing Investments and Understanding Fees

Does the program secure funds deposited into employee accounts?

Yes, the program has processes in place to protect the security of contributions made to employee accounts. Our program administrator, Vestwell, and their affiliates have dedicated security and compliance teams to implement encryption, strict internal protocols and training, and annual independent security audits. They also implement industry-standard account authentication and password protection procedures.

Articles in this section

  • Who is responsible for choosing the available investment options?
  • Where can I find information about investments, fees, risks, and other program details?
  • Where do my contributions go?
  • What if I don't select investments for my Minnesota Secure Choice account?
  • Is there a fee to participate in the program?
  • What about expense ratios and fees?
  • What does the administrative fee pay for?
  • Are there measures to keep my Minnesota Secure Choice account safe from cyber threats?
  • Does the program secure funds deposited into employee accounts?
  • What about market volatility?
See more

Related articles

  • What about expense ratios and fees?
  • Could I lose my money?
  • What about market volatility?
  • Are there measures to keep my Minnesota Secure Choice account safe from cyber threats?
  • What does the administrative fee pay for?
← SecureChoice.mn.gov