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CalSavers Compliance Deadline Approaching
Eligible employers with 5 or more employees must register by June 30, 2022, State law now requires all businesses with five or more employees to participate in CalSavers if they do not offer a qualified retirement savings plan from the private market. The deadline for employers with 5 or more employees is June 30, 2022.
The State of California created CalSavers to ensure all Californians can save for their future with the ease of automatic payroll contributions and portability that allows them to keep saving as they move from job to job. With many people struggling to overcome financial setbacks caused by the pandemic, many employers are looking at retirement programs to help employees improve their financial wellness and save for the future.
For employers, CalSavers will eliminate the three major concerns that some small business owners cite as reasons for not offering a retirement plan: fees, liability, and complex administration. Instead, CalSavers provides employers a program with: • Zero fees for employers to facilitate. • No employer fiduciary liability because CalSavers is not an employer-sponsored plan. • Simplicity. All employers have to do is maintain an employee roster and deduct and remit contributions.
For more information or to join a free webinar, please visit CalSavers.com. To stay connected follow them on Twitter and Instagram @CalSavers, like them on Facebook, or connect with them on LinkedIn.
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The California Cricket Festival
U10, U12 and U15 June 16- June 19, 2022
California Cricket Academy is hosting national tournaments since 2006. 14 Teams from Atlanta, Southern California, and Northern California will participate in this prestigious tournament. 29 Games across three age groups. The tournament is looking for sponsors. The tournament is an opportunity to associate your brand with activity that promotes healthy kids activities by offering outdoor physical team sports.
For information on the event contact: calcricket_academy@yahoo.com
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Current Promotions
Is a dedicated web page designed only for Members advertised by #ShopCupertino, #ILoveCupertino, #CupertinoForBusiness, and many more on social media.
Tell us what you have and we will tell the world.
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I Love Cupertino
Community e-Gift Card
• Boost the visibility of your business
• Bring new customers
• Increase sales
• Improve your business cash flow
• Be a part of the Cupertino Community
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