State-Facilitated Retirement Program Among Fastest-Growing in the Nation
Feb. 12, 2026 (DENVER) — The Colorado Department of the Treasury announced that the Colorado SecureSavings Program has enrolled more than 100,000 savers in only three years of operation, marking a significant step towards closing the state’s retirement gap.
“Enrolling 100,000 savers this quickly proves that Colorado SecureSavings is doing exactly what it was designed to do,” said Colorado State Treasurer Dave Young. “With every paycheck, we are fundamentally reshaping the financial future of families across the state. We are proud to lead the nation in expanding access to a dignified and sustainable retirement.”
The achievement places Colorado SecureSavings among a vanguard of state-facilitated retirement programs, becoming the fourth auto-IRA initiative to reach the 100,000 saver milestone. With more than $194 million in total assets saved, the initiative stands as one of the fastest-growing programs in the country with robust participation across industries and regions.
Colorado SecureSavings is successfully bridging the retirement gap that has left behind an estimated 1.4 million Coloradans, affecting 40% of the private sector workforce. The program provides participants with portable Roth IRAs that leverage high quality retirement savings products, giving savers the opportunity to maximize their investments over time. Employees save through automatic payroll deductions that can be adjusted at any time.
"Seeing my retirement savings grow has given me a lot of confidence,” said Michelle Gregoire, a server at Purple Toad Social Tap and Grill and saver with Colorado SecureSavings. “I'm working toward a future where my house is paid off and I'm totally debt-free. To anyone on the fence about starting, I’d say just do it. Start with a small amount and increase it every year. It’s the best way to make sure you have enough to cover your needs and those rising medical costs later in life."
The program continues to see strong engagement from employers, with 17,820 registered businesses representing all 64 counties in Colorado. Employers benefit from streamlined onboarding and low administrative burden at no cost to participate. The program has confirmed new and existing retirement plans for over 42,000 companies in Colorado, bolstering the state’s employment landscape.
Colorado also leads the Partnership for Dignified Retirement, a multi-state effort to expand access to retirement savings nationally. Savers in PDR states—Colorado, Delaware, Maine, Minnesota, Nevada, and Vermont—have collectively amassed nearly $246 million in assets under management. More states are expected to join in the coming months.
Colorado SecureSavings anticipates continued growth through targeted community outreach, marketing and strategic partnerships. Participants can expect additional resources designed to maximize their savings and optimize their long-term financial strategies.
For more information, visit coloradosecuresavings.com.
Colorado SecureSavings employers and savers are available for comment. Please email Lindsay Sandoval, communications director, to arrange an interview.
###
About the Colorado Department of the Treasury
The Colorado Department of the Treasury is the constitutional guardian of the public’s funds. It is the Treasury’s duty to manage and account for the taxpayers’ dollars from the time they are received until the time they are disbursed. The Treasury’s staff is committed to safeguarding and managing the people’s monies with the same diligence and care as they do their own. For more information, visit colorado.gov/treasury.
About the Colorado SecureSavings Program
The Colorado SecureSavings Program (CSSP) is a state-sponsored retirement program that helps private sector workers save for the future. The program empowers employees to contribute to a portable Roth IRA through automatic payroll deductions, with flexible options to adjust savings and investments. CSSP supports self-employed workers or those whose employers do not offer retirement savings plans, providing tools and guidance to help Coloradans build long-term financial security.