CalSavers

CalSavers is an Individual Retirement Account (IRA) that allows employees who do not have access to a retirement plan. Individuals can opt to invest anywhere from 0% to 5% into an IRA. CalSavers is offered to seasonal workers and it is transferable if you change jobs. is an Individual Retirement Account (IRA) that allows employees who do not have access to a retirement plan the opportunity to start saving. Individuals can opt to invest anywhere from 0% to 5% into an IRA. CalSavers is offered to seasonal workers and it is transferable if you change jobs. 

Calsavers offers employers this program at no cost. With CalSavers, California businesses will be required to provide retirement plans to your employees, depending on how many employees they have. 

Beginning July 1st, 2019, CalSavers enrollment will begin automatically at 5%. You can opt out at any time or change how much you save. CalSavers is all completely customizable. 

United Way is here to answer any questions you may have regarding CalSavers. Whether you’re an individual or a business.