CalSavers is California’s retirement savings program designed to ensure all Californians have access to a workplace retirement savings account.
CalSavers was established under a state law (Title 21, of the California Government Code) requiring California employers that do not sponsor a retirement plan to participate in CalSavers – an automatic enrollment individual retirement account (IRA) with no employer fees or fiduciary liability.
How it works
APS offers a 180 integration with CalSavers:
- Our 180 integration provides an automatic feed of elections post payroll processing to CalSavers.