Cal savers deduction how to?

[lwags]

How do I initiate a deduction for my employees cal savers account?  SInce it's not an IRA I need to deduct 5% from my employee's paycheck so that I can send it directly to CalSavers.  I'm not seeing how to do that.

[Summer2024 · Accepted solution]

Hi, @lwags ! 

To create a deduction :

1. Sign in to Square Dashboard and go to Staff > Team > Team members.

2. Select the employee you want to assign a deduction.

3. From the team member panel, select Payroll > Benefits and garnishments.

4. For Garnishments and other post-tax deductions, select Add garnishment.

5. Select an existing post-tax deduction from the drop-down menu or select Create new.

6. If you create a new deduction, enter a Name and Description.

7. Choose a calculation method from the drop-down menu and enter the dollar amount or percentage of the deduction.

8. Enter any previous deductions for the year in Enter deductions to date.

9. Select Add limit to specify the maximum deduction amount for the year.

10. Select Save.

I hope this helps!