Hosted on MSN

What Is CalSavers And What’s The Penalty For Businesses?

・Most California businesses must register for CalSavers or file an exemption if they don’t offer a qualified retirement plan, with deadlines based on size. ・There are no employer costs, no required ...
Barron's

California’s State-Run Retirement Plan Is Popular. Assets Just Hit $1 Billion.

California’s state-administered retirement program for private-sector workers has hit a significant milestone: It now manages $1 billion in assets.
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CalSavers and Ascensus Launch AI Chatbot to Expand Retirement Access

SACRAMENTO, CA & DRESHER, PA — CalSavers, California’s state-sponsored retirement savings program, and Ascensus have introduced CalSavvy, the first AI-powered chatbot tailored to auto-IRA programs.
Pensions&Investments

CalSavers hits $1 billion 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 ...