Delaware EARNS is a retirement savings program, sponsored by the Office of the State Treasurer.
Before 2024, nearly 150,000 workers had no option to save for retirement at work. EARNS was created to help bridge Delaware’s retirement savings gap.
EARNS is available for:
Delaware workers whose employers do not offer a workplace retirement plan
Self-employed individuals
Others who want an easy way to save in a Roth Individual Retirement Account (IRA) they can take wherever their career leads
Why EARNS matters for small business owners
Great benefits to help you succeed
Employer benefits
No cost for employers
Getting started is fast and easy
Works seamlessly with your payroll process
Stay competitive by offering access to a great benefit to your employees
Requires very little time and administration
No fiduciary responsibility for employers
Saver benefits
Secure, simple way to save for retirement
Your account stays with you through career changes without complicated rollovers
Customizable contribution amounts to meet your needs
It’s voluntary — stay enrolled automatically or opt out and re-enroll later
Access to online tools and real people trained to answer your questions
Expanding access to retirement savings in Delaware
More than one quarter of Americans have no money saved for retirement.¹ EARNS can help you save for a more financially secure future.
Reference
1. “Your Evening Briefing: One in Four Americans Have No Retirement Savings,” Bloomberg, 17 April 2023. https://www.bloomberg.com/news/newsletters/2023-04-17/bloomberg-evening-briefing-one-in-four-americans-have-no-retirement-savings