The state’s program, Illinois Secure Choice, is a Roth IRA. Employers with five or more employees who have been in business for at least two years must enroll or offer an alternative plan. Check out the Illinois Secure Choice website for more information. Maine The Maine Retirement Savings...
The Illinois State Board of Investment (ISBI or Board) has fiduciary responsibility for managing the pension assets of the General Assembly Retirement System, the Judges'...
The State Universities Retirement System of Illinois (SURS), administrator of a $4.2 billion multi-employer public pension fund, developed the SURS BenefitLine, an interactive voice-response telephone system for benefit information. BenefitLine combines high-tech sophistication with push-button ease, ...
Illinois Divestment Measures: Legislation:Senate Bill 1621 (September 11, 2007).State Bodies Affected:State Retirement Systems, State Board of Investment.Report:Iran Act Annual Report of the State Board of Investment (January 1, 2015).Prohibited Investment:61 companies (as of January 1, 2015).Amo...
Illinois Sees Spike in Retirements of State Workers
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–Military Retiree’s Retirement Statement of Monthly Income (RASOMI) Environmental Protection Agency – EPA Social Security Administration – SSA –Income and Benefits Letter Office of Personnel Management – OPM Internal Revenue Service – IRS
There are no yearly 529 plan contribution limits, as there are with many retirement accounts. However, each state sets its lifetime contribution limit for 529 accounts per beneficiary, typically ranging from $235,000 to more than $550,000. You also might trigger the gift tax if you ...
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In 1934—after working closely with Federal Home Loan Bank of Chicago—13 African American men founded Illinois Service Federal to provide a savings and loan association for Black Chicagoans. The institution was acquired by Groupe Ndoum in 2016, which led to its name change to GN Bank in 2018....