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That third group of employers has responded far faster to the mandate than the previous groups, she said, in part because CalSavers and the companies offering competing retirement savings plans to ...
California law requires all but the smallest employers to offer workers some kind of retirement savings plan. Here are the requirements and options.
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.
The California Department of Industrial Relations (DIR) is a department of the government of the state of California which was initially created in 1927. [1] The department is currently part of the Cabinet-level California Labor and Workforce Development Agency, [2] and headquartered at the Elihu M. Harris State Office Building in Oakland.
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.
The individual shared responsibility provision, [1] less formally known as the individual mandate, was the health insurance mandate imposed on individuals by the Affordable Care Act in the United States until tax year 2019.
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A state-run retirement plan for private workers in California will carry on after the U.S. Supreme Court declined to hear a lawsuit challenging the initiative, perhaps paving the way for more ...