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CALIFORNIA SECURE CHOICE RETIREMENT SAVINGS INVESTMENT BOARD
915 Capitol Mall, Room 105
Sacramento, CA 95814
p (916) 6531744
f (916) 6513125
www.treasurer.ca.gov/scibMEMBERS
JOHN CHIANG, CHAIRMAN
State
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How to fill out calsavers - state treasurers
How to fill out calsavers - state treasurers
01
Visit the CalSavers website and create an account.
02
Complete the necessary enrollment forms and provide employee information.
03
Choose the investment options that best suit your employees' needs.
04
Set up payroll deductions to automatically contribute to CalSavers on behalf of your employees.
05
Ensure ongoing compliance with CalSavers regulations and reporting requirements.
Who needs calsavers - state treasurers?
01
State treasurers who want to offer a retirement savings program to employees who do not have access to a workplace retirement plan.
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What is calsavers - state treasurers?
CalSavers is a state-sponsored retirement savings program in California designed to provide a way for workers to save for retirement, particularly for those who do not have access to employer-sponsored retirement plans.
Who is required to file calsavers - state treasurers?
Employers in California with five or more employees who do not offer a qualified retirement plan are required to register and facilitate employee participation in CalSavers.
How to fill out calsavers - state treasurers?
Employers can fill out the CalSavers registration form online by visiting the CalSavers website, where they will provide their business information and employee details to set up the program.
What is the purpose of calsavers - state treasurers?
The purpose of CalSavers is to increase retirement savings among California workers, especially those without access to workplace retirement plans, thereby enhancing their financial security in retirement.
What information must be reported on calsavers - state treasurers?
Employers must report employee details such as names, Social Security numbers, and eligibility status, along with information about their business, to facilitate employee enrollment in the program.
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