Vermont Business Magazine Tomorrow, Treasurer Mike Pieciak will kick off a two-day statewide road tour to meet with small businesses and local employers participating in the Vermont Saves program. The tour will give businesses and workers the opportunity to share their experiences with the program directly with Treasurer Pieciak.
Vermont Saves is a simple, affordable retirement plan offered through the Treasurer’s Office to Vermont employers and their workers. Since opening for enrollment in December 2024, nearly twelve hundred employers have signed up for the program–helping Vermonters collectively save millions toward their retirement. Reports show that people younger than 40 make up 55% of those enrolled in Vermont Saves, with 30% younger than 30.
“Vermont Saves is helping workers across the state save for a more affordable and dignified retirement,” said Treasurer Pieciak. “The program is also a win-win for businesses–helping them offer a retirement plan to their workers at little to no cost, which strengthens staff recruitment and retention.”
Pieciak continued, “As costs continue to rise across the board, our office is doing everything we can to promote Vermont Saves so more employers can take advantage of the program and workers can start saving for their future as soon as possible. This statewide tour aims to do exactly that.”
Employers with five or more employees who do not offer a qualified retirement plan, such as a 401(k), are required to enroll in Vermont Saves. Their employees will be automatically enrolled in a Roth IRA account with flexible options to save at their own pace.
Savers can set their own contribution rate, choose from a menu of investment options, or opt out of the program at any time. Savers can always access any principal funds they put into their Vermont Saves account without penalty.
Learn more about Vermont Saves here.
TOUR DETAILS:
Tuesday, October 21:
- 8 AM – Turn to Joy Early Learning Center - 266 US-2, South Hero, VT 05486
- 9 AM – Vermont Woodworking School - 148 Main St, Fairfax, VT 05454
- 10 AM – Morrisville Food Co-op - 46 Pleasant St, Morristown, VT 05661
- 11:30 AM – Rural Arts Collaborative - 165 E Craftsbury Rd, Greensboro, VT 05841
- 1 PM – Northeast Kingdom Youth Services - 63 Eastern Ave, St Johnsbury, VT 05819
- 2:45 PM – Strafford Organic Creamery - 61 Rock Bottom Rd, Strafford, VT 05072
- 4 PM – Eastman Trucking & Excavation - 73 Elm St W, West Lebanon, NH 03784
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6 PM – Brattleboro Reformer - 70 Landmark Hill Dr, Brattleboro, VT 05301
Wednesday, October 22
- 8:30 AM – Blue Benn Diner - 314 North St, Bennington, VT 05201
- 10 AM – Lenny Burke’s Farm - 214 North Main St, Wallingford, VT 05773
- 11:30 AM – Haymaker Buns - 7 Bakery Ln, Middlebury, VT 05753
- 1:30 PM – The Roots Farm Market - 903 US-2, Middlesex, VT 05602
- Chittenden County – TBA
10.20.2025. Montpelier, VT – Treasurer Mike Pieciak
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