CalSavers Small Business Deadline One Week Away

Small businesses with five or more employees that don’t offer a qualified retirement plan have only one more week to register with CalSavers, a retirement savings program for private-sector workers.

As required by law, employers are mandated to register with CalSavers by June 30, 2022 if they:

  • Have at least five California-based employees, at least one of whom is 18 years old or older; and
  • Don’t offer a qualified retirement plan, such as a 401(a), 401(k), 403(a), 403(b), 408(k), 408(p) or a payroll deduction IRA with automatic enrollment.
There are options, you can  start your own plan versus enrolling your employees in the Cal-Savers Roth IRA plan. We can help!

The La Verne Chamber of Commerce is committed to offering high-quality workplace benefits designed to improve the well-being of our members and their employees. We believe all employees deserve access to a quality retirement savings program that can help them enjoy a healthier, more secure future. Yet concerns about cost and administrative difficulties may keep you from offering a plan.

Through our partnership with Cetera Wealth Partners, DWC, and Transamerica, your employees can enjoy a workplace retirement plan that can help you gain a competitive edge as you compete for talent. We are proud to offer this opportunity to our members to help you meet the state mandate and take advantage of the benefits of a retirement plan for your business!

You are invited to join us at our Power Hour, Tuesday June 28th 7:30 am at Marshall Canyon for a special presentation. 

There is no charge to attend. This event has been funded in whole by Franklin Templeton Distributors, Inc.

Click HERE for more information and to RSVP

La Verne Chamber of Commerce

2332 D Street, Unit E

La Verne, CA 91750

(909) 593-5265

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