What is the California Retirement Mandate?

What is the California Retirement Mandate?

California Employers with five or more employees over the age of 18 must provide retirement plan for their workers. The plan can be through the state-sponsored plan, CalSavers, or private retirement plan such as a 401(k).

What is the deadline for this?

What is the deadline for this?

For employers with five or more employees, the deadline is June 30, 2022.

For companies with 50+ employees, the deadline was June 30, 2021

Will a Standard CalSavers plan meet my retirement needs?

Will a Standard CalSavers plan meet my retirement needs?

Maybe, but it is not designed for you and your employees. Our retirement experts can create a tailored plan taking your individual goals into account.

Will a customized Plan from Primark Benefits satisfy the mandate?

Will a customized Plan from Primark Benefits satisfy the mandate?

Yes, and more! Reach out to a Retirement Plan Consultant today to learn more about ways we can tailor plans to meet your retirement goals.