RetirePathVA
Employer
Frequently Asked Questions
Employer FAQs

Are there penalties for non-compliance?

Virginia law requires eligible employers to register for RetirePath or certify an exemption. Businesses that fail to respond before the registration deadline may face an annual penalty of up to $200 per eligible employee.

Articles in this section

Can my company join the program before its required date?
How Do I Contact RetirePathVA?
Why is it important for employers to offer a workplace savings plan?
What happens if a participating business falls below the RetirePath Virginia eligibility threshold of 5 or more eligible employees?
Are religious organizations, tribal organizations or government entities required to facilitate RetirePath Virginia?
Can an employee without a Social Security number (SSN) participate in the program?
What if an employee already has a RetirePath Virginia account?
What if an employee says they don’t want to participate?
Can employers match employee contributions to RetirePath Virginia accounts?
When are new employees eligible for RetirePath Virginia?