Small Business Majority

Program Area(s)
Grantee NameSmall Business Majority
Address921 11th Street
Suite 901
Sacramento CA, 95814
United States
Websitehttps://www.smallbusinessmajority.org/
Description

California’s Secure Choice Retirement Savings Trust Act requires businesses with five or more employees to offer retirement plans or to deposit a portion of employee compensation into the California Secure Choice Retirement Trust for employees’ retirement use. This requirement especially benefits low-income employees of small businesses, freelancers, and those patching together incomes through the gig economy. Research from Small Business Majority, a national advocacy organization, helped prove sufficient support existed to pass this act. It will continue to work to facilitate the act’s successful implementation.

Grant Amount$20000
Project Dates03/28/17 - 03/27/18
Serving United States/California

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