Posts Tagged: puboic employees

News

New state-run IRA for private sector opens July 1

The state Treasurer's headquarters in Sacramento, where CalSavers is based. (Photo: Kit Leong, via Shutterstock)

A new state workplace retirement savings program, CalSavers, will open to an estimated 250,00 to 300,000 employers on July 1 — offering an automatic IRA payroll deduction for the 7.5 million California workers with no retirement plan on the job. The massive program, expected to handle billions in savings, is voluntary for employees.

Support for Capitol Weekly is Provided by: