Illinois ‘Secure Choice’ Retirement Enrolls 100K+

Illinois ‘Secure Choice’ Retirement Enrolls 100K+

(IOCI RADIO) – Over 100,000 Illinois workers are now enrolled in the state’s “Secure Choice” retirement savings program.

Many employers are required to offer the program if they don’t have any retirement benefit already set up. It’s managed by Illinois Treasurer Mike Frerichs’ office.

Secure Choice began in 2018 and is a vital program, Frerichs said. He noted that nearly half of working-age families have nothing saved for retirement.