Strategic Choices with Alvin Parra

Are businesses required to offer 401(k) plans?


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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.

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    Strategic Choices with Alvin ParraBy Strategic Choices