State law now requires employers, including restaurants, to facilitate CalSavers – a payroll deduction individual retirement account (IRA), with no employer fees – if they do not offer a retirement plan. Compliance deadlines for employers with fifty or more employees has already passed and employers with five or more employees will need to comply by June 2022.
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CalSavers and the Employer's Deadlines to Comply | 00:58:10 |
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