As part of America Saves Week, the U.S. Department of Labor's Employee Benefits Security Administration will host a free webcast for small business owners talking about choosing a retirement savings plan and helping employees save for retirement.

The webcast, which will be held from 2 to 4 p.m. EST on Thursday, Feb. 23, is held in conjunction with the Consumer Federation of America. It will discuss how to choose a retirement plan and the use of direct deposit for a retirement plan.

The DOL will be joined by the American Institute of Certified Public Accountants to discuss retirement savings options available for small businesses. The webcast will provide practical information and helpful tips to understand and compare options and to start and operate a retirement savings plan. The options not only provide an effective way to save for a secure retirement but most also provide tax advantages for both employers and employees, according to the Department of Labor.

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