CalSavers

Lower fees = more savings. Starting today, CalSavers cuts its annual fixed fee to $14 (down from $17). Asset-based fees also go down from 0.25% to 0.15%. Go paperless to avoid fees for statements and disclosures. Learn more: CalSavers.com

Today is Teach Children to Save Day! When we teach children to save, we show them their dreams are within reach.

The State Treasurer’s Office Financial Security For All collective has programs ensure that Californians can build savings at every stage of their life. These include CalKIDS Program, ScholarShare 529, California ABLE Act Board, HOPE For Children Trust Account Program, and CalSavers.

Learn more about the State Treasurer’s Office programs by visiting our website https://treasurer.ca.gov/

Fiona Ma

Thank you to Asian Resources, Inc. (ARI) for the opportunity to present a CalSavers training today!

ARI does incredible work supporting refugees, immigrants, and underserved communities through workforce development, education, and social services. Grateful for the chance to connect and support the employers and communities you serve.

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“As a small business owner, every bit of support makes a meaningful difference. This $500 incentive will help Simply Organized invest in continued training and resources for my team—allowing us to better serve our clients and strengthen our business operations.
It’s an encouraging recognition of the hard work and dedication that goes into supporting both our employees and the families we work with every day. I’m grateful for programs like CalSavers that champion small businesses and help us create a positive impact in our community.” 💛
— Samantha, Owner of Simply Organized

Testimonial Tuesday ✨

Another ! We’re proud to highlight Set Free Monterey Bay, an incredible organization making a meaningful impact in their community.

Their words say it all:
“A $500 contribution would help us provide direct support for survivors of trafficking. Every dollar allows us to expand our reach and bring more hope and resources to those we serve.”

Thank you for the powerful work you do.💚 Set Free Monterey Bay

Today, the CalSavers team officially initiated the final drawing of the Employer Incentive Campaign during a public hearing. Congratulations to the entire CalSavers team on a successful campaign and meaningful outreach to employers across California. 👏

The campaign has officially ended, and we’re excited to share that 2,000 California employers won $500 for registering and running CalSavers early. 🎉

Thank you to the CalSavers team for advancing retirement readiness for California workers — and to California State Treasurer Fiona Ma, CPA for her leadership.

State Treasurer Fiona Ma visited another , Riverside Arts Academy, in Riverside, CA! 🎶

We had the opportunity to meet their amazing admin team and learn more about the powerful work they do to support youth through music programs, including choir, orchestra, and mariachi. Their commitment to the community truly shines.

Univision also covered the visit. You can watch the story here:
https://iqmediacorp.com/ExternalIframeMedia?mediaID=b7e2bad1-8f39-41be-8ec0-b2abab2c2b6e&isRM=false&rawMediaType=TV
California State Treasurer Fiona Ma's Office

Treasurer Fiona Ma visited Wicker Law Group, a small business in Escondido, CA, recognized as one of our Employer Incentive Campaign winners and a CalSavers Champion!

We met with owner Edward Wicker, attorney Casey, and law student/legal assistant Thomas, who are rewarding retirement readiness and empowering employees to save for the future.

California State Treasurer Fiona Ma's Office

There is still time to register for this webinar event! This event will cover many aspects of CalSavers that your business needs to be aware of. It is happening tomorrow, October 22, at 12pm.

¡Únase a nuestro webinar gratuito en español con el SBDC Regional de Los Ángeles!

Aprenda cómo CalSavers, el programa de ahorro para el retiro de California, ayuda a los pequeños negocios a ofrecer a sus empleados un futuro financiero seguro. En esta sesión, cubriremos:
• Qué es CalSavers y cómo funciona para su negocio
• Cambios legislativos recientes y requisitos de cumplimiento
• Pasos para registrar su negocio y evitar multas

¡Reserve su lugar hoy!

Join us for a free Spanish-language webinar with the Los Angeles Regional SBDC!

Learn how CalSavers, California’s retirement savings program, helps small businesses provide employees with a secure financial future. In this session, we’ll cover:
• What CalSavers is and how it works for your business
• Recent legislative changes and compliance requirements
• Steps to register your business and avoid penalties

Reserve your spot today!

California State Treasurer Fiona Ma's Office