Earlier this year, CalSavers shared information about California’s retirement savings program and the upcoming registration requirement for businesses with at least one employee.
CalSavers is promoting an Early Incentive Campaign (EIC), designed to encourage newly mandated employers to register early for a chance to win $500. The campaign runs through November 30, focusing on small businesses with 1–4 employees that must comply with the CalSavers mandate by December 31, 2025. In total, $1 million will be awarded to 2,000 employers through two drawings—scheduled for July 31 and November 30—with the goal of promoting timely compliance and helping small businesses avoid penalties. See official rules here.
To make outreach simple, CalSavers has created a ready-to-use toolkit featuring newsletter blurbs, social media posts, flyers, and more. Access the full toolkit here.