California’s state-administered retirement program for private-sector workers has hit a significant milestone: It now manages $1 billion in assets.

SACRAMENTO, CA & DRESHER, PA — CalSavers, California’s state-sponsored retirement savings program, and Ascensus have introduced CalSavvy, the first AI-powered chatbot tailored to auto-IRA programs.

・Most California businesses must register for CalSavers or file an exemption if they don’t offer a qualified retirement plan, with deadlines based on size. ・There are no employer costs, no required ...

CalSavers Retirement Savings Program, California's retirement savings program, has reached $1 billion in assets, making it the largest private-employee state-run plan in the nation, announced Fiona Ma ...

CalSavers is a state-run retirement savings program designed for California employees over the age of 18 whose employers do not offer private retirement plans. Under California law, any employer that ...