California Businesses Are Now Required to Offer Retirement Plans for Employees. Which do you pick?

Written By Dan Costigan

Own a California business with 1-4 employees?

You are now mandated to offer a retirement plan to your employees.

The good news? You can....

1. Opt into CalSavers at no cost and minimal hassle to you or

2. Set up a retirement plan, auto-enroll employees, and make employer contributions up to $1,000 with all costs/contributions wholly or partially covered by federal tax credits.

What kind of retirement plan should you set up? CalSavers? SEP IRA? 401(k)? SIMPLE IRA?

Confused yet?

Book a call with me to discuss.

The clock is ticking as penalities per employee are building.

Retirement plans are required, credits offset the costs.

Oh, and employees will love you more than they already do.

🌴 🌴

Dan Costigan
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