Years in the making, California’s CalSavers retirement savings program is available now to hundreds of thousands of workers whose employers don’t offer pensions or 401(k) plans. “Among households age ...
The U.S. Court of Appeals for the 9th Circuit on Thursday agreed with a lower court's decision to dismiss a taxpayer association's lawsuit aiming to stop the implementation of the nearly $68 million ...
On August 26, 2022, the Governor of California signed Senate Bill No. 1126 (“S.B. 1126”) into law, amending California’s CalSavers Retirement Savings Program (“CalSavers”). In general terms, CalSavers ...
The Golden State is trying to make its residents’ golden years a bit more comfortable. According to a study by the Census Bureau’s Current Population Survey, more than half of all working-age ...
Q: Is my employer required to offer a retirement plan? A: As of June 30, 2021, eligible California employers who do not already offer their employees an employer-sponsored retirement plan, and who ...
Steven Johnson spent 19 years as a minimum-wage laborer for a Los Angeles moving company, lifting heavy furniture and suffering three hernias along the way. For the last decade, the 61-year-old has ...
The CalSavers program requires for-profit and non-profit employers with five or more employees, at least one of whom is age 18, to offer their employees either an employer-sponsored plan that offers ...
A federal court Tuesday again dismissed a lawsuit challenging the CalSavers Retirement Savings program. The $2.2 million CalSavers Retirement Savings Program is a defined contribution plan for private ...
Q: My business has eight employees. Am I required to participate in the CalSavers program? A: California law requires certain employers to either offer their own retirement plan or participate in ...
Years in the making, California’s CalSavers retirement savings program is available now to hundreds of thousands of workers whose employers don’t offer pensions or 401(k) plans. The program is the ...
California law requires that employers doing business in California that do not offer a 401(k) plan must register under the CalSavers Retirement Program (the “CalSavers Program” or “Program”) and ...
Sean Gaffney, left, and Charles Chambers, shown at work at the Walker Workshop architectural firm in Los Angeles in 2018, are among thousands of state workers now with access to the CalSavers ...
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