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New CalSavers Website and Program set to Make Retirement-Saving Easier

California State Treasurer John Chiang has announced the new CalSavers website will launch next month, November, 2018. With nearly half of middle-income workers in the state at risk of retiring into economic hardship, CalSavers will specifically address this personal savings crisis by providing employers and their employees access to a new retirement savings program, helping

California Retirement Savings Program Now Called CalSavers

California State Treasurer John Chiang announced that the Secure Choice Retirement Savings Program, which will provide retirement security to nearly 6.8 million private sector workers, has a new name: CalSavers. “The name CalSavers truly reflects what this program is all about — providing an opportunity for millions of Californians to easily save for retirement in

AARP to Launch BankSafe Financial Exploitation Identification Training California One of Twelve States Selected for Pilot Launch

California financial institutions have an opportunity to be on the frontlines of combating financial exploitation in our state. The American Association of Retired Persons (AARP) has partnered with more than 200 experts from banks and credit unions across the country to develop BankSafe, a first-of-its-kind, free training program that empowers frontline employees to identify red

5 million Thrift Savings Plan (TSP)

The SEC’s Office of Investor Education and Advocacy (OIEA) and Broker-Dealer Task Force are warning the more than 5 million Thrift Savings Plan (TSP) participants, and investors in other federal government employee retirement plans, that investment scam artists may pretend to be affiliated with a government agency. Federal government agencies, including the SEC, do not

The Future of Retirement Savings in California

Join The Pew Charitable Trusts and the California Budget & Policy Center for an expert convening on Thursday, November 17, about California Secure Choice, the new retirement savings program that was passed by the California Legislature and signed into law by Governor Jerry Brown. During this half-day event, participants will discuss what this state-mandated retirement

CDI Seniors Information Center

Seniors Information Center Welcome to the California Department of Insurance (CDI) Senior Information Center. If you are a senior citizen, this website is especially for you. Seniors today face an increasingly difficult time when making decisions about insurance. Changing laws, more choices, and the threat of scams combine to make these decisions even more stressful.

SCO: It’s Back! Property Tax Postponement Program for Qualifying Seniors and Disabled

Property Tax Postponement The State Controller’s Property Tax Postponement Program returned in 2016 after being suspended by the Legislature in 2009. The program allows homeowners who are seniors, are blind, or have a disability to defer current-year property taxes on their principal residence if they meet certain criteria including 40 percent equity in the home