CalSavers, the retirement plan the state of California provides for employees whose employers do not provide one, showed growth in many areas in February. 
The CalSavers Retirement Savings Board reports that the number of funded saver accounts, total saver assets, employer registrations and the number of employers that started payroll deductions all increased in February. On the other hand, so did withdrawals and opt-outs.
More specifically, CalSavers grew during February by the following measures:
| Measure | As of Feb. 28, 2021 | As of Jan. 31, 2021 | Change, Jan.-Feb. | % Change, Jan.-Feb. |
| Employers registered | 9,458 | 8,029 | + 1,429 | + 17.8% |
| Employers that have started payroll deductions | 2,885 | 2,537 | + 348 | + 13.7% |
| Accounts enrolled, 1st contribution pending | 180,017 | 162,341 | +17,676 | + 10.9% |
| Total assets | $43,843,396.40 | $35,846,458.11 | +$7,996,938.29 | +22.3% |
| Average funded account balance | $374.45 | $336.33 | $38.12 | +11.3% |
Withdrawals
Participants may make withdrawals from their accounts as well. The amount withdrawn, as well as the number of accounts whose holders made withdrawals, also grew in February.
| Measure | As of Feb. 28, 2021 | As of Jan. 31, 2021 | Change, Jan.-Feb. | % Change, Jan.-Feb. |
| Withdrawals | $3,916,339.69 | $3,033,898.44 | +$882,441.25 | + 29.1% |
| Accounts with a partial withdrawal | 438 | 350 | +88 | +25.1% |
| Accounts with a full withdrawal | 11,539 | 9,477 | +2,062 | + 21.8% |
Opt-outs
Employees may opt out of participating in CalSavers. The board reports that the op-out rate in February was roughly the same as that in January, falling by 0.93 percentage points to 28.77%.
| Month | Opt-Out Rate | Change Since Previous Month |
| February | 28.77% | - 0.93 percentage points |
| January | 29.71% | - 0.74 percentage points |
| December | 30.45% | - 0.37 percentage points |
| November | 30.82% | - 3.71 percentage points |
| October | 34.53% | - 0.01 percentage points |
| September | 34.54% | + 1.03 percentage points |
| August | 33.57% | + 2.03 percentage points |
| July | 31.54% | + 1.62 percentage points |
| June | 29.92% | -- |
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