Tahoe Chamber Webinar on Mandatory Retirement Savings Plans | South of Lake Tahoe


Small business owners and managers are invited to attend the Level UP: CalSavers Retirement Legislation webinar on Wednesday, March 16 from 12:00 p.m. to 1:00 p.m. Without much information about this mandate available, Tahoe Chamber is hosting this workshop to help small businesses become compliant. Larry Sidney of MacLean Financial Group will present information and review options to meet mandate requirements.

Starting January 2022, penalties are being imposed and currently affect businesses with 50 or more employees, starting at a notice penalty of $250 per employee. Companies with five or more employees have until June 30, 2022 to offer a retirement savings plan themselves or participate in the CalSavers retirement savings program. Determining which option to implement is key this month to ensure you are compliant before the deadline.

Level UP registration is $10 for Chamber members and $20 for the general public. To register, visit bit.ly/CalSaversWorkshop.

About the presenter

Larry Sidney is a Zephyr Cove resident, father of two young boys, international athlete, and board member of the Boys and Girls Club as well as several other local councils. He is a Holistic Wealth Advisor at MacLean Financial Group, where Larry specializes in working with small and medium business owners to help them navigate the myriad complexities of business ownership.


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