Join Small Business Majority for an interactive webinar that covers the state’s new CalSavers Retirement Savings Program. CalSavers is a portable workplace retirement savings account for private-sector workers whose employers are unable to offer a retirement program. The program is operated by a private third party administrator overseen by the state and the accounts are funded entirely by modest employee contributions. This means small businesses are able to help their employees access a retirement savings program at no added cost to their business.
We will discuss:
• An overview of CalSavers
• Why CalSavers is needed
• What we currently know and don't know about the program
• Employer and employee eligibility for CalSavers
• How the program works and employer responsibilities
• How to stay informed as CalSavers is implemented