Delaware EARNS Exceeds $1 Million in Retirement Savings
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Monday, February 10, 2025
Program for small business employees reaches milestone in less than seven months Delaware State Treasurer Colleen Davis announced Monday that Delaware EARNS – a state-sponsored retirement savings program for workers whose employers don’t offer a workplace retirement plan – has rocketed past $1 million in total assets in just seven months since its inception in July […]
Treasurer Davis Urges Legislators to Reinstate the State Employee Retirement Match
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Tuesday, February 4, 2025
Bill would return program suspended in 2008 and increase monthly match contributions to a maximum of $20 per pay period As part of a continued focus on her three main priorities – bolstering retirement security and readiness, creating pathways to economic empowerment, and promoting a culture of financial excellence – Treasurer Colleen Davis has joined […]
Delaware’s ABLE Program Receives Funding from DHSS
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Thursday, December 19, 2024
Support comes as ABLE celebrates 10 years As Delaware joins the rest of the country in marking the 10th anniversary of the Achieving a Better Life Experience (ABLE) Act, Treasurer Davis announces DEPENDABLE, Delaware’s ABLE plan, received crucial support from the Delaware Department of Health and Social Services (DHSS). Through a Memorandum of Understanding, DHSS […]
Delaware’s Education Savings Plan Earns Silver Rating
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Thursday, November 7, 2024
The DE529 Education Savings Plan, Delaware’s tax-advantaged program designed to help pay for higher education expenses, received “Silver” status from Morningstar, the country’s most widely cited and influential investment plan rating group. This is the second consecutive year DE529 received the rating after being upgraded from “Bronze” status in 2023. “With higher education costs remaining […]
Delaware EARNS Registration Deadline Approaching
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Wednesday, October 2, 2024
Early adopter of the retirement savings program shares the benefits her employees and business have already experienced. The deadline for employers to register for the Delaware EARNS program is just two weeks away. All Delaware employers are required by state law to register for Delaware EARNS by Oct. 15, 2024, if they have five or […]
