RetirePathVA
Employer
Frequently Asked Questions
General FAQs

What type of retirement account is RetirePath Virginia?

RetirePath Virginia is an automatic-enrollment, state-facilitated retirement savings program. Contributions default to a Roth individual retirement account (IRA). Savers have the option to recharacterize their contributions to a traditional IRA.

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Are there measures to keep personal data safe from cyber threats?
What type of retirement account is RetirePath Virginia?
Is RetirePath Virginia connected to the Virginia Retirement System (VRS)?
Do other states have similar programs?
Do Virginia businesses support this program?
Why would a business facilitate RetirePath Virginia instead of offering an employer-sponsored retirement savings plan?
How much does the program cost Virginia taxpayers?
Who is responsible for program oversight?
Why was RetirePath Virginia created?
What legislation established the RetirePath Virginia program?