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CalSavers for Employers
The purpose of this webinar is to explore the retirement plan options available to California businesses.  In 2018, the state turned CalSavers into a reality, requiring businesses to adopt some form of retirement benefit for their employees.  If businesses do not implement their own benefit such as a 401(k), they will be required to adopt California’s CalSavers. 

The implementation of the mandated CalSavers retirement program started in 2020, despite the pandemic.  There are three deadlines for businesses to comply, based on their number of eligible employees.  The first phase has already passed in 2020 for businesses with over 100 eligible employees.  The next deadline is June 30, 2021 for businesses with 50 or more eligible employees.  Finally, the last deadline is June 30, 2022 for businesses with 5 or more employees.  

Let it be no surprise that the penalties for failing to offer a retirement plan or enroll into CalSavers are significant, it will be in businesses best interest to comply and not miss their respective deadlines.   

In this webinar, Stephanie Kemp from Covus Wealth Advisors, will provide the audience relief by offering detailed information on:

-What CalSavers is and how it works
-Tips of registering for the program
-The flexibility and power of a 401(k) Plan
-How to claim EXEMPTION to the CalSavers Program

Both CalSavers and 401(k) Plans will be examined in a simple, easy to understand way.  Many businesses want to offer their employees an avenue to save for retirement, and this webinar will give the tools needed to do just that!  

Join this webinar before the deadlines approach!

Feb 23, 2021 09:00 AM in Pacific Time (US and Canada)

Webinar is over, you cannot register now. If you have any questions, please contact Webinar host: Andi Waibel.