Washington Saves is a new retirement savings program that will expand access for workers in Washington who don’t have a plan through their job.
The program was created by state law in 2024 and is currently in development. It is scheduled to launch in 2027.
Washington Saves will help workers build savings through automatic payroll contributions to a personal IRA (Individual Retirement Account). The program is designed to make saving easy, portable, and accessible—especially for people working in small businesses, the gig economy, or multiple part-time jobs.
Washington Saves is overseen by the State of Washington and guided by a diverse governing board made up of legislators, public officials, workers, employers, and experts from the financial and advocacy sectors.
For more details, see RCW 19.05, the law that established the program.
Follow this website for updates as the program takes shape.