Own a California Business with 1-4 Employees? You NEED a retirement plan in place by December 31st!
Own a California business with 1-4 employees?
You need to set up a retirement plan by year-end.
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.
Retirement plans are required, credits offset the costs.
Oh, and employees will love you more than they already do.
🌴 🌴