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Navigating the Colorado SecureSavings Program: What Employers Need to Know
Wednesday, August 7, 2024 (9:00 AM - 10:00 AM) (MDT)
Description
The Colorado SecureSavings Program (CSSP), is a state-facilitated retirement program for private-sector employers and their employees. Employers with five or more employees who have been in business for two or more years will be required to either register for CSSP or provide a private retirement plan to their employees.
This webinar/in-person seminar will answer the following questions:
- What is CSSP?
- How does it work?
- How do employers comply with the law?
- How is CSSP administered?
- What are the differences between the state and private options?
- What private retirement plan solutions are available to businesses that meet the state requirement?
- How do you fulfill your fiduciary requirements when deciding between CSSP and a private option?
Daniela Leibovici from the Colorado Treasurers Office will discuss the CSSP and the requirements for compliance. 401k Extra will discuss the private retirement plan options available to businesses, offering insights into how these plans can be tailored to meet your company's needs. Vestwell will also join us to explain how they assist with recordkeeping, plan administration, and payroll integration, whether you choose the state solution or any private 401k plan or other retirement plan solution.