Retirement

featured graphic for California State Treasurer Fiona Ma after COVID-19

Governor Gavin Newsom signed legislation sponsored by Treasurer Fiona Ma to expand access to the CalSavers Retirement Savings Program to an estimated three-quarters of a million workers in California. Senate Bill (SB) 1126, authored by Senator Cortese (D-San Jose), expands the CalSavers mandate to most employers in the state, which …continue reading

featured graphic for Sean Payne, Edward Jones financial analyst

For many years, Americans provided for their retirement needs through three sources: employer-sponsored pension plans, Social Security income, and savings and investments accumulated through employer plans or individual accounts – the so-called “three-legged stool.” But today, that stool is shakier than it used to be. What can you do to strengthen …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

Only ten days remain until the next employer compliance deadline for CalSavers, California’s groundbreaking program aimed at improving retirement security for all Californians. Employers are required to register for CalSavers by June 30, 2022, if they have at least five employees and do not sponsor a retirement plan. Financial penalties …continue reading

featured graphic for California State Treasurer Fiona Ma after COVID-19

State Treasurer Fiona Ma reminds employers that they are required to register for the CalSavers Retirement Savings Program before the June 30, 2022, deadline if they do not offer a private retirement plan and have five or more employees. “Every Californian deserves a path to a financially secure future,” said …continue reading