The Illinois Asset Building Group (IABG) is a diverse statewide coalition invested in building the stability and strength of Illinois communities through increased asset ownership and asset protection.

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Illinois became the first state to pass a comprehensive retirement savings program for its workers.

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Featured Blog Posts

Illinois Legislature Passes the Secure Choice Savings Program

Chicago, IL — On a vote of 30-25-2 in the Senate and 67-45 in the House, the Illinois Secure Choice Savings Program (SB2758) was approved by the Illinois General Assembly today. The bill will give millions of private sector workers in our state the opportunity to save their own money for retirement by expanding access to employment-based retirement savings accounts.

December 03, 2014 | 7:49am |
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Chicago Community Forums on Retirement Security

Many people work their whole lives but don’t have enough savings for retirement. In Illinois, over 2.5 million private-sector workers don’t have access to an employment based retirement savings program.  This is the primary way most people save for retirement, so without this savings opportunity seniors will over rely on Social Security.

It’s time for a common sense solution to retirement security.

October 31, 2014 | 11:06am | James Povijua
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Department of Defense Proposes Expanded Consumer Protections for Servicemembers

At the end of September the Department of Defense (DOD) announced proposed changes to the Military Lending Act (MLA) that, if implemented, will expand financial protections for servicemembers and their families. Since its enactment in 2006, the MLA has protected servicemembers and their dependents from ultra high interest rates of over 36 percent on short-term, small dollar loans.

October 27, 2014 | 12:07pm | Carol Ashley
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