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What is CalSavers?

What is CalSavers?

CalSavers is a retirement savings program for private-sector workers whose employers do not offer a retirement plan. This program gives employers an easy way to help their employees save for retirement, with no employer fees, no fiduciary liability, and minimal employer responsibilities.

Employers with five or more employees must participate in CalSavers if they do not already have a workplace retirement plan. The following deadlines to register are based on the size of the business.

What do employers need to do about CalSavers?

Complete the Following NO Later than June 30, 2022

  1. You should have received a Welcome Notification from CalSavers with a CalSavers access code and information on the employer’s responsibility. If unable to find it, you can go to
  2. You will need to register your company at which will require your EIN (Employer Identification Number) and the company’s CalSavers Access Code.
  3. Once registered you will need to facilitate the program by Adding and Maintaining the Employee Roster.
  4. Submit Contributions via simple payroll deductions and send them through a bank transfer.

Employees will have 30 days to decide to participate or opt-out. If the employee does nothing, the employee will be automatically enrolled.

What the Company is NOT Responsible for?

  • Employer Fees
  • Employer Match
  • Educating and Answering Employee Questions (all will be handled by CalSavers)


Have additional HR-related questions please call us at 858.283.1234 or email us at

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