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CalSavers isn't releasing the names of noncompliant employers, Selenski said, because that information is protected by state confidentiality laws. This story originally appeared in Los Angeles Times .
Small employers that do not offer a qualified retirement plan — which most do not — have to sign up for the state's CalSavers IRA plan by June 30.
California law requires all but the smallest employers to offer workers some kind of retirement savings plan. Here are the requirements and options.
The California Public Employees' Retirement System (CalPERS) is an agency in the California executive branch that "manages pension and health benefits for more than 1.5 million California public employees, retirees, and their families".
Administration officials stated that the goal of these policies, especially the return-to-office mandate and buyout offers, is to encourage large amounts of federal employees to leave their positions, and to reduce the overall workforce through "attrition," since the hiring freeze would prevent filling new vacancies.
On June 28, 2012, the Supreme Court of the United States upheld the health insurance mandate as a valid tax within Congress's taxing power in the case National Federation of Independent Business v. Sebelius. The federal tax penalty for violating the mandate was zeroed out by the Tax Cuts and Jobs Act of 2017, starting in 2019.
The nationwide department store just revealed that it’s closing even more locations this year. Here’s what we know and which JCPenney stores are closing.
Ascensus, LLC. is an American financial services company that provides financial recordkeeping, tax-advantaged savings and retirement plan services. As of 2024, the company reports that it manages more than 14 million accounts and oversees more than $808 billion in assets under administration.