Eleven years in the making, the nation's largest state-sponsored retirement program, CalSavers, opened for business Monday and is ready to serve an estimated 7.5 million workers who do not have a ...
Re: “Worried about retirement? California is helping workers save money” (Eastbaytimes.com, Aug. 7): Cal Savers seems to be one more state government bureaucratic program. The executive director of ...
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 ...
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 federal government has told a U.S. District Court in California that it may get involved in a legal challenge to the CalSavers retirement program. In a Sept. 13 filing, the Department of Justice ...
Businesses in California that don’t offer employer-sponsored retirement plans will soon be required to participate in a new state-sponsored program or face fines. A free webinar is being offered next ...
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 ...
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 ...
STRING OF CHARGES. EDIE: GOVERNOR NEWSOM IS FIGHTING BACK AS THE TRUMP ADMINISTRATION TRIES TO STOP A PROGRAM THAT FORCES EMPLOYERS TO PROVIDE RETIREMENT SAVINGS PLANS. THE DEPARTMENT OF JUSTICE FILED ...
The United States Court of Appeals (9th Circuit) recently upheld California’s CalSavers Retirement Savings Program (CalSavers), which provides retirement savings accounts to employees without employer ...
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