Illinois' Historic New Retirement Savings Law
Joel Rice’s article “Illinois’ Historic New Retirement Savings Law” was featured in the Chicago Daily Law Bulletin on January 22, 2015.
Illinois recently made history as the first state in the country to require small businesses to offer employees the option of enrolling in individual retirement accounts.
Called the Illinois Secure Choice Savings Program (Senate Bill 2758), the new law is intended to encourage workers without access to retirement accounts through their employment to save for their retirement.
In the article, Joel examines the guidelines of the Secure Choice Savings Program.
To read the full article, please visit Chicago Daily Law Bulletin. [subscription required]