Updated October 13, 2026
YES on Prop 42
Protect Your Retirement & Life Savings
You earned and saved it.
Now WE need to protect it.
Californians already pay income taxes on the money they earn.
Politicians shouldn’t be able to tax it again when it’s sitting in our retirement and savings accounts.
Prop 42 (2026) prevents double taxation by closing a loophole in California’s Constitution that allows politicians and special interests to tax retirement accounts, life savings, and other personal property.
After a lifetime of hard work, Californians deserve the peace of mind of knowing the money you’ve earned and saved will be there when you need it.
Video Updated October 12 2026
Read the Video Transcript
When you fight fires, teach students, or serve your country, you earn your retirement.
But California is really expensive, and costs keep going up.
Now, Sacramento politicians want to tax retirement savings. They’ve already tried five times.
That’s why teachers, firefighters, and veterans are all voting yes on 42.
Yes stops politicians from taxing retirement and savings.
Not just for us, for everyone. Vote yes.
Yes. So vote yes on Prop 42.
It’s Harder Than Ever for Californians to Save
85%
say high taxes or cost of living make it harder to save for retirement
73%
know someone who has had to delay retirement for financial reasons
65%
worry they won’t be able to afford to retire in California
Retirement Savings At Risk
California is now the third most expensive state to retire in the nation. Every year, California’s high cost of living and high taxes make it harder for Californians to save. Millions work their entire lives to achieve retirement security.
You shouldn’t have to worry that the money you’ve worked hard to earn and save will be taxed twice.
Yet today, California’s Constitution does not protect retirement accounts, life savings, and other personal property from new state taxes—a loophole lawmakers and special interests have repeatedly tried to exploit.
You earned it. Prop 42 protects it.
Prop 42 protects it.
How Prop 42 (2026) Protects You
Prop 42 prohibits new taxes on retirement & savings accounts
to protect you now & in the future
Prop 42 prohibits unfair retroactive taxes
so politicians can’t change the rules after you already saved
Prop 42 protects all personal property
including 401ks, pensions, IRAs and personal savings
Repeated Attempts to Tax Retirement & Life Savings
In just the last few years, lawmakers and special interests have repeatedly introduced proposals to tax retirement accounts, savings and other personal property.
Hear Why Californians Are Voting Yes on Prop 42
From young workers just beginning to save, to teachers, firefighters, police officers, and retirees – Prop 42, the Retirement & Personal Savings Protection Act of 2026, protects everyone.
Protect Your Savings and Retirement
Join the Prop 42 Coalition