Retirement Plan Mandate
Groups of 50+ must offer a retirement plan by June 30th 2020, smaller groups will be required to by 2021.
Retirement savings plans are one of the most sought after employee benefits. And if you’re a small business owner in California or Illinois, offering these types of plans to your employees is mandatory. Recent legislation has mandated that businesses in California with five or more employees and businesses in Illinois with 25 or more employees must offer retirement benefits.
If you would like to know more about the new Retirement Plan Mandate or any other service on the site, please fill out an inquiry, send us an email or give us a call. A professional from our team will reach out.
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