We need a retirement plan for our 6 employees (in California)

Orange County, California
Tax, SDIRAs & Cost Segregation
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We need a retirement plan for our 6 employees (in California)

Ian Dyer
Residential Real Estate Broker · Orange County, CA · Member since 2016 · 46 posts · 21 votes

California now requires that employers with 5 or more employees have a retirement plan for them. Either use the free CalSavers state plan, or use a private company. We'd like to consider paid plans, because the program run by the State of California seems likely to be poorly run and get worse over time. ANY RECOMMENDATIONS?

We contacted Ubiquity and Betterment and Guideline. We also talked to Vanguard, who we've enjoyed working with for other things, but since 2020 they've been horribly hard to reach, so we prefer not to work with Vanguard. 


If you've been working with a company you like, please reply.

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  • Kerry Noble JrPro Member
    Investor · Indianapolis, IN · Member since 2018 · 2k+ posts · 1k+ votes
    4y

    ive been in HR for the last 13 years.....most of that time was spent in Benefits.....check out fidelity....they were "decent" but it was some time ago.....that was probably the best one ive had in my years of service.....however those were Large companies

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  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    4y
    Quote from @Ian Dyer:

    California now requires that employers with 5 or more employees have a retirement plan for them. Either use the free CalSavers state plan, or use a private company. We'd like to consider paid plans, because the program run by the State of California seems likely to be poorly run and get worse over time. ANY RECOMMENDATIONS?

    We contacted Ubiquity and Betterment and Guideline. We also talked to Vanguard, who we've enjoyed working with for other things, but since 2020 they've been horribly hard to reach, so we prefer not to work with Vanguard. 


    If you've been working with a company you like, please reply.


     we use a company that uses ubiquity and have not had issues

    7e investments53 Reviews
    WebsiteView Page
    1Reply
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