Good morning. I’m Rachel Schnalzer, the L.A. Times Business section’s audience engagement editor, back with our weekly newsletter. It’s a vast understatement to say that Californians have been feeling ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
KPBS anchor Ebone Monet and SDSU marketing lecturer Miro Copic discuss some of the week’s top business stories. Q: How prepared are Californians for retirement and how might the CalSavers program help ...
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 ...
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 ...