News & Analysis as of

Employee Benefits Secure Choice Savings Program

Ogletree, Deakins, Nash, Smoak & Stewart,...

Colorado Implements SecureSavings Program for Employees Without Access to Employer-Sponsored Retirement Plans

Beginning in 2023, Colorado employees whose employers do not offer a retirement plan will have access to an optional retirement savings plan through a state-facilitated retirement savings program, the Colorado SecureSavings...more

Fisher Phillips

Most New Jersey Employers Must Provide Retirement Savings Programs Starting March 28

Fisher Phillips on

New Jersey employers with 25 or more employees that do not currently sponsor a retirement savings plan will soon be required to facilitate their employees’ enrollment in the New Jersey Secure Choice Savings Program Fund to...more

Laner Muchin, Ltd.

Illinois Small Employers May Need To Register For The Secure Choice Savings Program In November 2019

Laner Muchin, Ltd. on

As we previously reported, Illinois implemented the Illinois Secure Choice Savings Program (Program), under which private sector workers in Illinois who do not have access to an employer-sponsored retirement plan will be...more

Hogan Lovells

Changes to California Retirement Law on the Horizon

Hogan Lovells on

Employers in California should be ready for a big change in the retirement law to take effect over the next three years. This change comes in the form of a new California program called CalSavers (formerly known as Secure...more

Jackson Lewis P.C.

What Employers Need To Know About The Illinois Secure Choice Mandatory Retirement Savings Program

Jackson Lewis P.C. on

Employers in Illinois with at least 25 employees must comply with the Illinois Secure Choice Savings Program Act (Secure Choice) or offer employees an employer-sponsored retirement plan. Secure Choice is set to roll out in...more

Orrick, Herrington & Sutcliffe LLP

California Employers with Qualified Plans Not Subject to New Secure Choice Program

On September 29, 2016, California Governor Brown approved significant amendments to the 2012 California Secure Choice Retirement Savings Trust Act ("Secure Choice"). Secure Choice is intended to provide Roth IRAs and...more

Levenfeld Pearlstein, LLC

Illinois Enacts Secure Choice Savings Program

On January 4, 2015, outgoing Illinois Governor Patrick Quinn signed The Illinois Secure Choice Savings Program Act, requiring any business in operation for at least two years that has 25 employees or more in Illinois, and...more

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