Effective January 1, 2023, Senate Bill 1126 expands California’s CalSavers Retirement Savings Program by requiring employers with at least one employee to register for CalSavers by December 31, 2025, ...
If you work for a small business in California, time is running out for your employer to set up a retirement savings plan. By June 30, all businesses and nonprofits with five or more employees in the ...
California’s CalSavers passed a milestone this week, as businesses with more than 100 workers had to register for the program unless they already provide a retirement plan. To date, the auto-IRA-style ...
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 ...
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 ...
A US appellate court has upheld a district court’s ruling to dismiss a lawsuit challenging the legality of the CalSavers Retirement Savings Program, a state-managed individual retirement account (IRA) ...
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 Department of Labor is continuing its fight against state-sponsored auto IRAs, this month urging an appeals court to find that California’s program is preempted by ERISA. Last Friday, the ...
SACRAMENTO — We are in the midst of a silver tsunami that will wash nearly half of all working Californians onto the rocky shore of economic hardship. Our current retirement security problem could ...