(Photo: Shutterstock)
CalSavers is a government-mandated Roth IRA program that is designed to give employees an easy retirement savings option. On the face of it, it seems pretty straightforward, but what is the real advantage of a retirement plan that only allows the same contribution as an IRA, with no company match? In addition, the DOL is continuing its argument that the program is "preempted by ERISA" which would invalidate it.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
