06/18/2026
Yesterday, our Executive Director David Teykaerts testified on behalf of AB 2650 (Pellerin) in Senate Committee on Labor, Public Employment and Retirement.
AB 2650 would strengthen CalSavers by:
- Clarifying program eligibility requirements.
- Creating a pathway for the program to receive eligible federal funding and cutting red tape for participants.
- Allowing CalSavers to explore multi-state and regional partnerships.
Thank you to Assemblymember Gail Pellerin for their leadership in championing this bill.
06/08/2026
Legislative Update: AB 2650 (Pellerin)
AB 2650 would strengthen CalSavers by:
- Clarifying program eligibility requirements.
- Creating a pathway for the program to receive eligible federal funding and cutting red tape for participants.
- Allowing CalSavers to explore multi-state and regional partnerships.
The bill has passed the Assembly and is now under consideration in the Senate.
Thank you to Assemblymember Gail Pellerin for their leadership in authoring this bill.
Fiona Ma
05/01/2026
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
04/24/2026
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
03/27/2026
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.