Oregon Retirement Savings Plan

Start your journey to a more secure retirement

A secure retirement won't just happen. You'll need a plan—the right plan. The Oregon Retirement Savings Plan can help you start saving for your long-term goals in an easy and automatic way.


Click the button below to start managing your account and building confidence in your future.

Register now

Already registered? Click here to log in.

Convenience

You can access and manage your account online at your convenience.

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Ownership

Your employer has automatically created an account in your name, and the account is entirely owned by you.

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Simple investing options

You don't have to be an investment expert to get started.

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Why start now?

Take a minute to learn more about the benefits of saving in the plan and why you should make saving a priority today.

 
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Convenience

Your retirement account website allows you to review your savings progress at anytime on your desktop or mobile device. After you log in, you can:

  • View your account balance
  • Manage your investments
  • Adjust your contribution rate
  • View current or past plan documents
  • Update your account beneficiaries
  • And more!

You'll also have the support of our experienced Oregon Retirement Savings Plan service team and can contact us directly Monday through Friday for account help.

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Ownership

The savings you contribute to your account and any earnings on these savings belong to you. You can take them with you if you change careers or roll these savings into a different retirement plan.

Plus, you have the power to change your contribution rate or temporarily stop contributions at any time. Have more questions about your account and how to use it? View our frequently asked questions below.

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Simple investing options

You have the opportunity to choose from a number of investment options designed to simplify the investment selection process. You can select based on your risk tolerance or desired retirement age, and your savings will be managed accordingly.

These resources can help you understand more about the plan's underlying funds and how to manage your investments.

Oregon Retirement Savings Plan: Investment Menu
Managing My Investments Online

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Frequently asked questions

What type of savings account is this?

Your retirement savings account is a Roth IRA established through the Oregon Retirement Savings Plan. An IRA is an individual retirement arrangement, which is a personal savings plan that allows you to set aside money for retirement with tax advantages. There are two primary types of IRAs: Traditional and Roth.

What is a Roth IRA?

Contributions you make to a Roth IRA are never tax-deductible, so they will always be tax-free upon distribution. Your earnings grow tax-deferred, so you will not pay income taxes on your investment earnings until you make withdrawals. And if you take a "qualified distribution," your earnings are tax-free.

How much can I contribute to my account each year?

You can contribute up to $5,500 in 2016 to an IRA, provided you earn at least that amount in compensation. If you are age 50 and older before the end of the year, you can make an additional $1,000 catch-up contribution, for a total of $6,500 for 2016. Keep in mind that your annual contributions cannot exceed your annual compensation. In addition, any contributions you make to one IRA type (Traditional and Roth IRAs) will reduce contributions you can make to another type of IRA. In other words, for 2016 you can contribute a combined total of up to $5,500 ($6,500 with catch-up) to both Traditional and Roth IRAs.

How do I opt out of saving in the Oregon Retirement Savings Plan?

Please click the "Register now" button at the top of this page. In the first few steps of the registration process, you will have the option to opt out of saving in the plan.

When can I withdraw my savings?

You can withdraw money from your IRA at any time, but the IRS generally assesses a 10 percent early distribution penalty tax on the taxable portion of any withdrawals you make before turning age 59½. This penalty tax is in addition to the income tax you'll owe on your earnings and on any deductible contributions you made.

Why should I name beneficiaries for my IRA?

When you open an IRA, you may be asked to designate primary and contingent beneficiaries. These are the people (or entities) who will receive your IRA assets if you die before you've withdrawn all your money. If you have significant assets or special concerns, you may want to consider consulting a tax advisor, financial planning professional, or estate planning professional to help ensure that your IRA is distributed according to your wishes and in the most tax-advantaged way allowed.


Need more information or help getting started?

Access retirement planning tools and learn more about how to save throughout different life stages.

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Contact us

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We'll be more than happy to answer any questions you may have about your account or participation in the Oregon Retirement Savings Plan. Simply call us at the number listed above or submit an online inquiry.


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