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Compensation Strategies Group, Ltd.
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The Pension Source
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DWC ERISA Consultants LLC
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July Business Services
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Defined Benefit Specialist II or III Nova 401(k) Associates
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New State-Run IRA for Private Sector Opens July 1
Calpensions 
June 3, 2019
"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.... For businesses with five or more employees, the program is mandatory. They must offer employees CalSavers, or a qualified retirement plan chosen by the employer, to avoid a penalty for repeated non-compliance of $750 per employee."
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