Secure Choice Savings Program Act
Beginning April 1, 2026, employers with 10 or more employees must register for and participate in the New Jersey Secure Choice Retirement Savings program. Employers with fewer than 10 employees may participate voluntarily.
The amendment also permits employees to change their contribution levels at any time and employers must implement that change no less than once per calendar quarter.
FrankCrum sponsors a Multiple Employer 401k Plan that has a Master Plan Document available for our clients to adopt onto. If you would like to review your plan options and discuss our 401K program, please send an email to 401K@frankcrum.com.