Benefits of Illinois Secure Choice Retirement Savings Program to Small Businesses Focal Point of Webinar
Interactive call open to all small businesses; chance for entrepreneurs to learn about new retirement savings program and how small businesses and their employees can benefit
Chicago, Ill.—Small business advocacy organization Small Business Majority will host a webinar on Thursday, April 28, to discuss the Illinois Secure Choice Retirement Savings Program and how small employers and their employees can benefit from it. A representative from the Illinois State Treasurer's Office will also speak during the webinar.
The Illinois Secure Choice Retirement Savings Program, which goes into effect on June 1, 2017, creates an affordable and easy way for small businesses to help their employees prepare for retirement. Participation is voluntary, and employers are not required to contribute toward employees’ savings plans. The contributions are automatically deducted from payroll at no added cost to business owners.
The free webinar, which is open to all small business owners, will feature Small Business Majority’s Midwest Outreach Manager Geri Aglipay, who will discuss the status of small business retirement plans and details regarding the Illinois Secure Choice Retirement Savings Program, including how it works and what types of businesses qualify. Aglipay will also provide information on the employee retirement savings crisis in Illinois.
A question and answer period will follow the discussion.
“Our opinion polling found small business owners in Illinois struggle to offer retirement savings programs due to a number of barriers, but they want to offer this benefit to their employees because it helps them attract and retain talent,” said Aglipay. “The Illinois Secure Choice Retirement Savings Program can help level the playing field between small businesses that want to offer retirement benefits but can’t, and their larger counterparts that can. This helps small businesses compete for the best employees, and gives employers peace of mind that they are doing what’s best for their workers.”
The webinar will take place on Thursday, April 28 from 11:30 a.m. to 12:30 p.m. CDT. Small business owners can register for the interactive call here.
About Small Business Majority
Small Business Majority is a national small business advocacy organization, founded and run by small business owners to focus on solving the biggest problems facing America's 28 million small businesses today. Since 2005, we have actively engaged small business owners and policymakers in support of public policy solutions, and have delivered information and resources to entrepreneurs that promote small business growth and drive a strong, sustainable economy. We are a team of more than 30 working from our 11 offices in Washington, D.C. and 9 states, with a network of more than 45,000 small business owners and more than 2,000 business organizations, along with a formal strategic partnership program of more than 125 business organizations, enabling us to reach more than 500,000 entrepreneurs. Our extensive scientific polling, focus groups and economic research help us educate and inform policymakers, the media and other stakeholders about issues including taxes, healthcare, access to capital, entrepreneurship, workforce development, clean energy and immigration. Learn more about us on our website and follow us on Twitter, Facebook and Instagram.