An Auto-IRA is a retirement savings program designed to help workers save automatically through their paycheck, especially if they don’t have access to a retirement plan at work. It’s typically set up by the state or employer, and employees are enrolled by default—though they can choose to opt out. Contributions are made to a Roth IRA using after-tax dollars, and the money grows tax-free over time. These programs are meant to make saving easier by removing the need to set up an account on your own, and they often invest your savings in a simple, diversified portfolio. Auto-IRAs are usually low-cost, easy to use, and aimed at helping more people start building retirement savings early.