by Krystal Kowall, CPA | Retirement Planning
In Summary The Colorado Secure Savings Program mandates that qualifying employers with five or more employees who have been in business for at least two years and lack a current plan must offer an automatic IRA option by early 2024. This state-backed initiative,... 
by Krystal Kowall, CPA | Retirement Planning
In Summary The Colorado Secure Savings Plan (CSSP) is a mandatory workplace retirement plan for employers with five or more employees who do not offer a different savings option. Eligible employees will be automatically enrolled with a 5% default deferral rate;... 
by Krystal Kowall, CPA | Retirement Planning
In Summary The legislation advances retirement plan access and savings opportunities through several key adjustments, including the mandatory automatic enrollment for new defined contribution plans established after 2021, and a provision to allow employers to offer...