Friday, May 3, 2019

Employer Deadline Nears: Illinois Secure Choice

The Illinois Secure Choice Retirement Savings Program was signed into law in January of 2015.  It requires Illinois businesses to automatically enroll their employees in the savings program if they have at least 25 employees, have been in business for at least two years, and do not provide a qualified savings plan of their own. 
Illinois Secure Choice logo
Deadline for registration was November 2018 for companies with 500 employees or more. By July 2019, qualified employers with 100 to 499 employees must register.  Finally, companies with 25 to 99 employees must be enrolled by November 2019.
More information, including links to registration and other program information, is available at www.ilsecurechoice.com

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