The Minnesota Secure Choice Retirement Program will be launching in January 2026.
Employer Enrollment Phases
| Number of employees at covered employer | Phase duration |
|---|---|
| Soft launch for any sized covered employer | Jan. 1, 2026 to March 30, 2026 |
| 100 or more | April 1, 2026 to June 30, 2026 |
| 50 to 99 | July 1, 2026 to Dec. 31, 2026 |
| 25 to 49 | Jan. 1, 2027 to June 30, 2027 |
| 10 to 24 | July 1, 2027 to Dec. 31, 2027 |
| 5 to 9 | Jan. 1, 2028 to June 30, 2028 |
Employers with five or more Minnesota employees will be contacted by the record keeper, Vestwell, around the time of the enrollment phase that describes their organization size and be provided log-in information to the Vestwell portal. Employers will be then required to either enroll in the Minnesota Secure Choice Retirement Program and set up Roth IRA accounts for all of their part-time and full-time Minnesota employees or file for an exemption if the organization already offers a suitable retirement program to employees. One of these two actions will need to happen by the last day of an employer's enrollment phase. Employers may also enroll in the Minnesota Secure Choice Retirement Program before their assigned phase, as early as the Vestwell portal goes live in January 2026.
There will be a pilot program in early 2026 for covered employers of all sizes. Email secure.choice@state.mn.us to participate.