Відео

How do i opt out?

I’ve been on them these past 2 months for my money it’s always something else they lied to me Because of them I struggled

DO not get calsavers if you're low income!!!! Which is ironic since the state designed it for low income residents. The concept is great, but the state did not prepare any of the other state benefit agencies for calsavers. If you get calsavers, you will lose your housing, your foodstamps, and medi-cal. The issues that arise are that, for instance, SHRA section 8 requires monthly statements on everything which calsavers does not provide which means if you can't provide a month to month statement they will deny your benefits. Also, has you save money, you will hit a threshold of saved money that many of these programs will start to consider you wealthier than you actually are. Denying you benefits. This is a horrid situation for a program that's forcing companies to offer low income workers, I would recommend NOONE get this until the state figures out how this affects other programs low income workers rely on. DONT GET IT!!

DO not get calsavers if you're low income!!!! Which is ironic since the state designed it for low income residents. The concept is great, but the state did not prepare any of the other state benefit agencies for calsavers. If you get calsavers, you will lose your housing, your foodstamps, and medi-cal. The issues that arise are that, for instance, SHRA section 8 requires monthly statements on everything which calsavers does not provide which means if you can't provide a month to month statement they will deny your benefits. Also, has you save money, you will hit a threshold of saved money that many of these programs will start to consider you wealthier than you actually are. Denying you benefits. This is a horrid situation for a program that's forcing companies to offer low income workers, I would recommend NOONE get this until the state figures out how this affects other programs low income workers rely on. DONT GET IT!!

DO not get calsavers if you're low income!!!! Which is ironic since the state designed it for low income residents. The concept is great, but the state did not prepare any of the other state benefit agencies for calsavers. If you get calsavers, you will lose your housing, your foodstamps, and medi-cal. The issues that arise are that, for instance, SHRA section 8 requires monthly statements on everything which calsavers does not provide which means if you can't provide a month to month statement they will deny your benefits. Also, has you save money, you will hit a threshold of saved money that many of these programs will start to consider you wealthier than you actually are. Denying you benefits. This is a horrid situation for a program that's forcing companies to offer low income workers, I would recommend NOONE get this until the state figures out how this affects other programs low income workers rely on. DONT GET IT!!

DO not get calsavers if you're low income!!!! Which is ironic since the state designed it for low income residents. The concept is great, but the state did not prepare any of the other state benefit agencies for calsavers. If you get calsavers, you will lose your housing, your foodstamps, and medi-cal. The issues that arise are that, for instance, SHRA section 8 requires monthly statements on everything which calsavers does not provide which means if you can't provide a month to month statement they will deny your benefits. Also, has you save money, you will hit a threshold of saved money that many of these programs will start to consider you wealthier than you actually are. Denying you benefits. This is a horrid situation for a program that's forcing companies to offer low income workers, I would recommend NOONE get this until the state figures out how this affects other programs low income workers rely on. DONT GET IT!!

DO not get calsavers if you're low income!!!! Which is ironic since the state designed it for low income residents. The concept is great, but the state did not prepare any of the other state benefit agencies for calsavers. If you get calsavers, you will lose your housing, your foodstamps, and medi-cal. The issues that arise are that, for instance, SHRA section 8 requires monthly statements on everything which calsavers does not provide which means if you can't provide a month to month statement they will deny your benefits. Also, has you save money, you will hit a threshold of saved money that many of these programs will start to consider you wealthier than you actually are. Denying you benefits. This is a horrid situation for a program that's forcing companies to offer low income workers, I would recommend NOONE get this until the state figures out how this affects other programs low income workers rely on. DONT GET IT!!

What is the upside to using CalSavers compared to just saving/investing your money yourself? CalSavers is not even tax deductible. What am I missing here?

Q This doesn't sound 😐 good My ROTH IRA pays me $$$ THIS IS THE EXACT 💯 OPPOSITE You're forced into spending 🙄 money That's growing FOR YOU AND NOT THE SAVERS Q hint: opt OUT asap....this scammer needs to be sued. Q ❤️

They took money for this from my paycheck for a oncall part time job, wihout asking me if I wanted this, then the CALSAVERS never sent anyting within 30 days to opt out as they leglly should they said to opt out with no fees. Then CASavers charges fees to get your uapproved money out from their accounts to roll over the money into another IRA or your bank whem you opt out and admit they were legally supposed to give opt out waiver within 30 days but never did that. Plus IRS will charge a penalty if you also have your own business self employed and put max $6500 in a ROTH IRA already- yet 6 mo into the year CASAVErRS started in May and added money from your check to them without approval. So many may incur IRS fees also I think 6% or more. It totally seems illegal and crazy CA is allowed to do this. Some legal firm should file a case, against the CA gov't and CASAVERS for this raquet.

They took money for this from my paycheck for a oncall part time job, wihout asking me if I wanted this, then the CALSAVERS never sent anyting within 30 days to opt out as they leglly should they said to opt out with no fees. Then CASavers charges fees to get your uapproved money out from their accounts to roll over the money into another IRA or your bank whem you opt out and admit they were legally supposed to give opt out waiver within 30 days but never did that. Plus IRS will charge a penalty if you also have your own business self employed and put max $6500 in a ROTH IRA already- yet 6 mo into the year CASAVErRS started in May and added money from your check to them without approval. So many may incur IRS fees also I think 6% or more. It totally seems illegal and crazy CA is allowed to do this. Some legal firm should file a case, against the CA gov't and CASAVERS for this raquet.

Calsavers has a custodian fee nearing 1% of portfolio value which will eat away at earnings over time. Total rip-off. You are better off signing up for an IRA on your own through a brokerage with no custodian fee than using this program.

God damn! Typical government video. Can't even get someone with an easier, less screechy voice to do this video.

so these rotten thieves steal from ur paycheck without asking permission, then after theyve taken your money they say in order to get it back you must first opt out of their thievery program and then they give you your money back after taxing you for them stealing it to begin with, thats how this program works, i know because i just had to go through what i just described, fuck the trash that invented this terrible stealing program ;-; i want my money back now you disgusting thieves ;-;

It shocks me how few people are willing to defer gratification in order to have a better future. I really do think that they are *choosing* to not do better.

The pages on the slides are blurry, can't read them. He mumbles a lot during his presentation especially towards the end of each topic. Can't understand what he's saying.

Voluntary??? Or mandate?? In their own words.... 1:58

This is bullshit‼️‼️‼️‼️‼️

They don't mention there running on 15 million loans because mismanagement, and that even buying stocks is more secure then this ,if something happens to this "fund" the employees who put in get 0 !!! ya and it's going against federal law of 1974 , ERISA SEVERAL law suits have been filed ,this is just another money soaking job from California politicians.

How come it had to Barrow 15 million? and if this fund goes into defunct, the people who put money in get nothing back ! this is very very high risk . It be nice if people actually told the truth about this program.

After an employer enrolls employees will employees be notified via mail?

Dirder said dir dir dir

This was very helpful, professional and concise. Very much appreciated!

I’m sure there is a way in this for California to steal more money from its residents.

This retirement plan is very good, and this plan is very important for most employees. I see that the languages ​​in this plan include Spanish and English, and we hope to have Chinese versions as well, thank you!

This retirement plan is very good, and this plan is very important for most employees. I see that the languages ​​in this plan include Spanish and English, and we hope to have Chinese versions as well, thank you!

这个退休计划很好，我们需要中文版本。

No thanks. I'll manage my own $

What a big nothing burger.. Another watered down California program that offers something any employee can already do on their own through any Credit Union or financial institution like Vanguard, Fidelity, etc. And many of the fees at Vanguard are below the .083-.095 mentioned here. And they don't even offer a Traditional IRA for those that need a tax deduction.. And there are no matching contributions from the state or the employer. I think the outreach manager is either just really uninformed about retirement planning or is just trying present it as some new and exciting benefit so he can justify his job. What a waste of state resources

How is this a "voluntary" action for employees when they will be auto-enrolled after 30 days if they don't opt-out? There is time and cost associated for the employers just by having to set up the payroll item and sending a check, also by having to update employee rosters.

Roth IRA program on training wheels that costs almost *1%* in expense ratio. Offers Target Date Retirement Funds that one can get at Fidelity Schwab and Vanguard for much lower expense ratio. About as bad as Obama's myRA (starter IRA) program that failed and folded last decade.

Please re-record your sound... It is not as clear as the spanish version of CalSavers.

If I were an small employer, I'd look into a SIMPLE IRA plan for my employees or advocate that my employees unenroll from CalSavers and sign up with Fidelity.

I don't understand how autoenrolling employees into Roth IRAs, plans that they have access to independent of their employers (provided they have earned income), and charging them .95% for assets under management with an additional ~.5% expense ratio for the default target date fund where their contributions are allocated, is a good idea. How did the State of California sign off on this? While data shows that most are saving enough for retirement, employees' money could be better allocated to paying down high-interest debt, etc. They certainly don't need a lamprey like Ascensus LLC. draining ~1.5% of their hard-earned money when cheaper options (e.g. Fidelity, Vanguard, Schwab, ...) exist.

Can add my account bank they're

every good idea becomes a mandate

hgh

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Can i join with ur motivational speech?

The money is for their AGENDA

NobleGold