Illinois Business Owners — The Retirement Plan Rule You Can’t Ignore

Here’s the deal — if you have 5 or more employees for 4 straight quarters, Illinois is putting you on notice:You must offer a retirement plan.

No exceptions. No delays.

Now, before you start stressing, know this — you have two choices:

1. Jump on the state-run plan bandwagon. It’s the easy way out, sure — but spoiler alert: it’s not the cheapest, and it sure isn’t the most flexible.

   
   

2. Or, take the reins and set up your own 401(k).Keep control. Customize it. Build a benefit your team will actually get excited about.

   
   

One choice is just ticking a box. The other is investing in your people — and your business future.

Don’t wait for that penalty letter to show up in your mailbox. That’s a headache you can avoid.

Be smart. Plan ahead. Choose the path that builds loyalty, saves you money, and powers your growth.

Your team deserves better than a “one-size-fits-all” plan. So why settle for less?

Ready to take control?

Let’s make your retirement plan work for you — not against you.