In case you haven’t heard, a new state law requires all California businesses with 5 or more employees to either sponsor a retirement plan or join the State’s retirement program, CalSavers.

CalSavers recently sent out an informative newsletter that we’ve shared here. As you can see below, if you don’t currently offer a retirement plan for employees, CalSavers makes it easy to register for theirs. Simply click on the button below and provide the requested information.

And if you do offer a plan, you can easily exempt your business from registering by clicking on the link below (or, in case you can’t find it, click here).

As California small business owners who care about our employees, we need to stick together and make sure we’re doing the right thing.

Sent on Behalf of California State Treasurer, CalSavers Program - Important: CalSavers employer registration is open.
Take the next step with CalSavers!                                                                

CalSavers Retirement Savings Program
Why wait? Register
for CalSavers today!
California’s retirement mandate is here.
It only takes a few minutes to get started.
If you have five or more employees and don’t currently offer a retirement plan, California now requires you to either sponsor a retirement plan or join CalSavers—the State’s easy way to help your employees save for their future. Deadlines are approaching.
Register today to start your employees on the path to saving for retirement.
Here’s what you need to register:
CA Employer Payroll Tax Account Number (from EDD)
Federal Employer Identification or Tax Identification Number (EIN/TIN)
CalSavers Access Code
Start My Registration
Already offer a plan? Click here to exempt.
Registering for CalSavers is Easy
See how easy it is to register your business and help your employees save for retirement with every paycheck.
CalSavers Retirement Savings Program
Already registered? You must upload your employee register within 30 days of registering. Log in to upload your employee list.
 Attend a Live Webinar

Join our Client Service Team at one of our webinar sessions to learn about the program, your role, and other important deadlines.

Review the schedule and register
Need help?
Visit to learn more about CalSavers. For additional assistance, you can contact us via email at or by phone at 855-650-6916 Monday through Friday, 8:00 am – 8:00 pm PT.
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 Client Services 
 This email is not a solicitation. You are receiving this notification because your company is required by state law to register for CalSavers if it doesn’t already offer an employer-sponsored retirement plan and employs at least five California-based employees, at least one of whom is age eighteen.

The CalSavers Retirement Savings Program (“CalSavers” or the “Program”) is an automatic enrollment payroll deduction IRA overseen by the California Secure Choice Retirement Savings Investment Board (“Board”). Ascensus College Savings Recordkeeping Services, LLC (“ACSR”) is the program administrator. ACSR and its affiliates are responsible for day-to-day program operations. Participants saving through CalSavers beneficially own and have control over their IRAs, as provided in the Program Disclosure Booklet available at CalSavers is not sponsored by the employer, and therefore the employer is not responsible for the Program or liable as a Program sponsor. Employers are not permitted to endorse the Program or encourage or advise employees on whether to participate, how much (if any) to contribute or provide investment help.

CalSavers offers investment options selected by the Board. For more information on CalSavers’ investment options go to Account balances in CalSavers will vary with market conditions. Investments in CalSavers are not guaranteed or insured by the Board, the State of California, the Federal Deposit Insurance Corporation, or any other organization.

CalSavers is a completely voluntary retirement program. Savers may opt out at any time or reduce or increase the amount of payroll contributions. If a saver opts out they can later opt back into CalSavers. In addition, California law requires that CalSavers conduct an Open Enrollment Period once every two years during which eligible employees that previously opted out of the Program shall be re-invited to participate under automatic enrollment and must opt out again if they still do not wish to participate in the Program.

Saving through an IRA may not be appropriate for all individuals. Employer facilitation of CalSavers should not be considered an endorsement or recommendation by a participating employer, IRAs, or the investment options offered through CalSavers. IRAs are not exclusive to CalSavers and can be obtained outside of the Program and contributed to outside of payroll deduction. Contributing to a CalSavers IRA through payroll deduction may offer some tax benefits and consequences. However, not everyone is eligible to contribute to a Roth IRA and savers should consult a tax or financial advisor if they have questions related to taxes or investments. Employers do not provide financial advice and employees should not contact an employer for financial advice. Employers should refer all questions about the Program to CalSavers. Employers are not liable for decisions employees make pursuant to Section 100034 of the California Government Code.

Mailing address: CalSavers, P.O. Box 55759, Boston, MA 02205


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