President signs executive order in CLT for small business retirement options

  

Pictured above: President Trump poses after signing an executive order at Central Piedmont Community College in Charlotte Friday – WSIC Photo

CHARLOTTE (WSIC) – If you work at a larger company, research says you’re more likely than employees of smaller organizations to have retirement options.

President Trump hopes his executive order signed at Central Piedmont Community College gives more options to small business.

(MEDIA: Please watch the report above to see this quote).

Today’s executive order instructs the Treasury and Labor Departments to consider changes that would help businesses group together for employee retirement accounts and instructs the Treasury Department to review rules on minimum distributions.

(MEDIA: Please watch the report above to see this quote).

Charlotte Chamber of Commerce President and CEO Bob Morgan says he’d like to see that organization be the first locally to group small businesses for retirement options. Heidi Hansen is a member of the Charlotte Chamber and is cautiously optimistic this will help a solo entrepreneur like herself.

(MEDIA: Please watch the report above to see this quote).

The President also touched on trade, the economy and the upcoming 2020 RNC before heading to a fundraiser at Carmel Country Club.

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