Are small businesses required to provide a 401(k) plan to their employees?
There is no law that requires a company to offer a 401(k) plan. However, in late 2020 California law will require large companies to start an "IRA Savings" for workers.
If you're currently working for a business that doesn't offer a 401(k) plan, you have the option of speaking to a financial advisor so you can open up a IRA and invest in your future.
Are small businesses required to provide a 401(k) plan to their employees?
There is no law that requires a company to offer a 401(k) plan. However, in late 2020 California law will require large companies to start an "IRA Savings" for workers.
If you're currently working for a business that doesn't offer a 401(k) plan, you have the option of speaking to a financial advisor so you can open up a IRA and invest in your future.