Breakfast Club - Illinois Secure Choice Act Explained

As of November 1, 2023 the state law requires every employer with 5 or more employees to offer their own retirement or be subject to penalties of $250 per employee. 

Please join us for an informative breakfast where we will address questions such as:
 

• What is the Illinois Secure Choice program and what are your responsibilities?
• What are the pros and cons of Illinois Secure Choice?
• What alternatives are available to you that grant an exception to the Illinois Secure Choice mandate?
• What are the costs to start up a retirement plan? What are the typical annual costs in maintaining a retirement plan?
• What incentives (tax credits) are you eligible for if you setup a new plan?