by Taylor Johnson | Mar 29, 2021 | Retirement
In 2016, the state of California passed legislation requiring private sector employers to provide a retirement savings program for their employees. CalSavers is the state-sponsored plan imposed on private sector employees who don’t have an alternative provided. Visit...
by Taylor Johnson | Mar 29, 2021 | Retirement
What is CalSavers?In 2019, CalSavers was implemented as a mandatory retirement program for all California employers. This program is required for any employer who does not offer an employer-sponsored retirement plan and has five or more employees. While some...
by Taylor Johnson | Mar 29, 2021 | Retirement
What is CalSavers?In 2019, CalSavers was implemented as a mandatory retirement program for all California employers. Over the next three years, this program will become required for:any employer who does not offer an employee sponsored retirement plan, andany employer...
by Taylor Johnson | Mar 29, 2021 | Retirement
California Employers Are Now Required to Offer Retirement PlansCalifornia employers are now required to offer retirement plans for their employees. This law was put in place to force everyone into a State-Run retirement plan. While some exceptions are surfacing, it is...
by Taylor Johnson | Feb 3, 2021 | Retirement
You’re a minister and you’re currently receiving the Minister’s Housing Allowance. But you’re getting ready to file taxes and need to know if this Housing Allowance is considered income.Let’s start with the basics.What is the Minister’s Housing Allowance?The...
by Taylor Johnson | Jan 19, 2021 | Retirement
A 403(b) retirement plan:Is typically established by not-for-profit 501(c)(3) employers, hospitals, self-employed ministers, and public education organizations. Allows eligible employees to make salary reduction contributions into the plan on a pre-tax and/or...