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CalSavers Comparison to Employer-Sponsored 401(k)

CalSavers Comparison to Employer-Sponsored 401(k)

CalSavers Comparison to Employer-Sponsored 401(k)

May 2, 2022, < 1 Minute Read

California small employers, beginning June 1, are required by law to offer retirement benefits to their employees. We outlined the requirement in a recent broker update. Many small employers are asking about the differences between CalSavers and a traditional employer-sponsored 401(k) plan. Here’s a summary:

CalSavers - 401(k)


Need help setting up an employer-sponsored retirement plan for a client? We can help you facilitate that through our partnership with Principal. Contact us today at 800.696.4543 or


Contact The Answer Team at 800.696.4543 or



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