Future-proof your Small Business Finance
Presented by:
Vincent Silva, Partner, WestPoint Financial Group
Rayna Grady, Financial Services Professional, WestPoint Financial Group
Remarks:
Chris Youngmark, Assistant Director, Illinois Small Business Development Center, Turner Center for Entrepreneurship, Foster College of Business, Bradley University
Small businesses should consider plans for long-term financial stability by setting up protections for employees and their families. State law now requires every Illinois employer with five or more employees to offer their own retirement program or facilitate Secure Choice. Illinois Secure Choice is a state-facilitated retirement program that makes it easy to save for retirement. Since it launched in 2018, the program has brought retirement savings access to workers in every county across Illinois. This program is available to anyone who wants to enroll on their own. Employers who miss deadlines may be subject to enforcement, including financial penalties. Join us to learn more about long term financial planning for small businesses and Illinois Secure Choice. Participants can expect to learn about this important program, as well as considerations for financial planning for small business success.