All employers with one or more employees are required to give employees access to the CalSavers Retirement Savings Program, unless you offer a company-sponsored retirement plan, like a 401(k) Plan. The Registration deadline is December 31st, 2025.
Registering with CalSavers takes just a few minutes. You will need your company’s Federal Employer Identification Number or Tax Identification Number, and your CalSavers Access Code.
When you register, you’ll submit information for each eligible employee. This will begin the automatic enrollment process. Employees will then have 30 days to decide to participate or opt out. If an employee does not make a selection, they will be auto-enrolled in the CalSavers Retirement Savings Program. After the 30-day opt out period ends, you will begin facilitating payroll deductions each payroll period through bank transfers. These deductions will be added to the employee’s account and invested according to their selections.
Employers are not responsible for answering questions about the Program, managing investment options, processing distributions, or giving investment/tax advice. Your employees will maintain their account directly through the CalSavers Program.
If you have questions or need more information, you can call CalSavers Employer Assistance at (855) 650-6916. Their website is: https://employer.calsavers.com
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