BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20240913T160000Z
DTEND:20240913T170000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Delaware Earns Lunch + Learn
DESCRIPTION:What is Delaware EARNS\, and why is it important for employees? \n\n\n\nIn Delaware\, nearly 150\,000 workers don't have access to a qualified retirement savings plan at work. The cost to Delaware of doing nothing to alter the retirement landscape is $55 million annually. Delaware EARNS is a "secure choice" program designed to provide workers and employers access to low-cost retirement savings plans. The state-facilitated plan provides a convenient way for all workers to save for retirement\, particularly middle- and low-income workers who lack access to employer-sponsored plans. The plan also offers an option for small businesses that are unable to provide such a benefit on their own.\n\n\n\nAre all Delaware employers required to participate? \n\n\n\nPrivate-sector employers with five or more W-2 employees (full- or part-time) and no qualified retirement plan are required to offer Delaware EARNS. Although businesses with fewer than five employees are not required to participate\, employees including contractors and gig workers can self-enroll in Delaware EARNS to open their own IRA. Contractors people who are not employees do not count toward the five-employee limit. For example\, if an employer has three W-2 employees and twelve 1099 contractors\, that employer is exempt from EARNS. If an employer already offers employees a retirement savings plan\, such as a 401(k)\, the employer may still be required to notify Delaware EARNS of their exemption\, a simple process.\n\n\n\nWhen will Delaware EARNS go into effect? \n\n\n\nThe program officially launched statewide on July 1\, 2024. Employers are required to register or certify an exemption if they already offer a retirement plan by October 15\, 2024. Covered employees can begin to participate and make contributions 30 days after their employer registers.\n\n\n\nJOIN US 9.13.24 FOR AN INFORMATIONAL SESSION. Just 25 seats available in person with a virtual option available as well. Link will be sent 1 day prior to meeting.
X-ALT-DESC;FMTTYPE=text/html:<strong>What is Delaware EARNS\, and why is it important for employees? </strong><br />\n<br />\nIn Delaware\, nearly 150\,000 workers don&rsquo\;t have access to a qualified retirement savings plan at work. The cost to Delaware of doing nothing to alter the retirement landscape is $55 million annually. Delaware EARNS is a &ldquo\;secure choice&rdquo\; program designed to provide workers and employers access to low-cost retirement savings plans. The state-facilitated plan provides a convenient way for all workers to save for retirement\, particularly middle- and low-income workers who lack access to employer-sponsored plans. The plan also offers an option for small businesses that are unable to provide such a benefit on their own.<br />\n<br />\n<strong>Are all Delaware employers required to participate? </strong><br />\n<br />\nPrivate-sector employers with five or more W-2 employees (full- or part-time) and no qualified retirement plan are required to offer Delaware EARNS. Although businesses with fewer than five employees are not required to participate\, employees&mdash\;including contractors and gig workers&mdash\;can self-enroll in Delaware EARNS to open their own IRA. Contractors&mdash\;people who are not employees&mdash\;do not count toward the five-employee limit. For example\, if an employer has three W-2 employees and twelve 1099 contractors\, that employer is exempt from EARNS. If an employer already offers employees a retirement savings plan\, such as a 401(k)\, the employer may still be required to notify Delaware EARNS of their exemption\, a simple process.<br />\n<br />\n<strong>When will Delaware EARNS go into effect? </strong><br />\n<br />\nThe program officially launched statewide on July 1\, 2024. Employers are required to register or certify an exemption if they already offer a retirement plan by October 15\, 2024. Covered employees can begin to participate and make contributions 30 days after their employer registers.<br />\n<br />\nJOIN US 9.13.24 FOR AN INFORMATIONAL SESSION. Just 25 seats available in person with a virtual option available as well. Link will be sent 1 day prior to meeting.&nbsp\;
LOCATION:651 N. Broad Street Suite 106 Middletown\, DE 19709
UID:e.1238.13073
SEQUENCE:3
DTSTAMP:20260603T190124Z
URL:https://mbi.preview.gochambermaster.com/events/details/delaware-earns-lunch-learn-13073
END:VEVENT

END:VCALENDAR