![]() CalSavers is not sponsored by the employer, and therefore the employer is not responsible for the Program or liable as a Program sponsor. Participants saving through CalSavers beneficially own and have control over their IRAs, as provided in the Program Disclosure Booklet available at. ACSR and its affiliates are responsible for day-to-day program operations. Ascensus College Savings Recordkeeping Services, LLC (“ACSR”) is the program administrator. ![]() The CalSavers Retirement Savings Program (“CalSavers” or the “Program”) is an automatic enrollment payroll deduction IRA overseen by the CalSavers Retirement Savings Board (“Board”).
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