Ok, California Businesses Must Offer Retirement Plans for Employees. Now What?
In case you haven’t heard, a new state law requires all California businesses with 5 or more employees to either sponsor a retirement plan or join the State’s retirement program, CalSavers.
CalSavers recently sent out an informative newsletter that we’ve shared here. As you can see below, if you don’t currently offer a retirement plan for employees, CalSavers makes it easy to register for theirs. Simply click on the button below and provide the requested information.
And if you do offer a plan, you can easily exempt your business from registering by clicking on the link below (or, in case you can’t find it, click here).
As California small business owners who care about our employees, we need to stick together and make sure we’re doing the right thing.