To help combat the retirement savings crisis, many states have passed legislation that requires most employers, including small businesses, to provide their full-time employees with retirement ...
Over the years, several states have developed automatic enrollment retirement plans. While the terms vary from state to state, most programs require that employers automatically enroll their employees ...
As a wave of state-level retirement mandates quietly rolls out across the country, most small businesses aren’t prepared. More than 30 states have proposed mandates that would require small businesses ...
Fiona Ma, California State Treasurer, recently highlighted the involvement of small businesses in helping their employees build retirement savings through CalSavers. Ma made her comments to mark ...
CalSavers Retirement Savings Program, California's retirement savings program, has reached $1 billion in assets, making it the largest private-employee state-run plan in the nation, announced Fiona Ma ...
Stephanie Tom and Khaim Morton were named deputy state treasurers, joining Patrick Henning, chief deputy state treasurer and Juan Fernandez, deputy treasurer for public finance. Ma was reelected in ...
If your employer does not offer a 401(k) or other retirement plan for employees, you are not alone. For example, in Connecticut, my home state, more than 600,000 private-sector employees do not have ...
For some California small businesses that have been procrastinating on getting signed up for the CalSavers Retirement Savings Program, the bill is about to become due. CalSavers Executive Director ...
The biggest auto-IRA program in the country is looking for a new executive director after Katie Selenski, who has led it since its inception, stepped down last Friday. CalSavers, which at more than ...
Employees of Walker Workshop, an architectural firm, are among those enrolled in the CalSavers retirement savings plan. (Carolyn Cole / Los Angeles Times) Every employer with five or more workers in ...
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 ...
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