Business 101 Interview with the Experts: Heidi Iyall, Outreach and Marketing for Washington Saves

Washington Saves is a new program that will offer businesses an easy-to-administer way to support their employees saving for retirement, without employer fees or fiduciary responsibility. At its core, Washington Saves exists to help more than 1.2 million workers in our state who currently do not have access to retirement savings at work. Employees will be able to save for their future through automatic payroll contributions into their own Individual Retirement Account (IRA). The program is designed to be flexible and portable for savers, and investments will be professionally managed by private sector firms with state oversight. That means businesses can rest assured their employees have access to high-quality retirement savings—without the added cost or complexity. For employers, the value is clear: • Save Money: No program fees for employers and no employer contributions • Minimal Administrative Burden: No fiduciary liability or management of accounts • Boost Recruitment and Retention: A simple way to support employees’ financial security You can learn more and sign up for email updates at www.wasaves.com.