Description:
2023 brings new requirements for business owners. This workshop will educate you about the 401 (k) vs. Colorado Secure Savings Program and Colorado’s paid family and medical leave insurance (FAMLI) program.

• The Colorado Secure Savings Program is a state sponsored retirement savings program that increases access to affordable retirement savings opportunities.Enrollment is slated to begin in 2023. Employees with 5 or more employees that have been in the business 2+ years and do not already have a retirement program will be required to enroll or provide an employer sponsored retirement to their employees.
• FAMLI – Colorado’s paid family and medical leave insurance (FAMLI) program bgins in 2024. Colorado’s paid family and medical leave insurance program will provide paid time off when employees face life circumstances – like serious illnesses, welcoming a new child or carding for a loved one with a serious health condition. Employees and their employees are both responsible for funding the program. Employers are required to begin premium deductions on January 1, 2023. All employers, regardless of the size, will be required to register with the FAMLI Division before the first premium payment is due at the end of the first quarter of 2023.

This class will be IN PERSON at the Tri-Lakes Chamber of Commerce.

Facilitator:
Timea F. Kennedy, MBA, SHRBP, CMHR, PRC
BBSI
Human Resources Consultant

Co-Hosted by: