State Required 401(k) Plans: Part 2
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Legislation and Policy
State Required 401(k) Plans: Part 1
Part 1: Understanding of State-Required 401(k) Plans-What you need to know As a business owner, providing a retirement plan for your employees is no longer just a trend—it’s becoming a necessity. In response to the growing retirement savings gap, several states have introduced mandatory retirement plans that require businesses of a certain size to
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ERISA and the SECURE Act Explained
ERISA and the SECURE Act Explained: Build a Better Retirement Plan Offering a robust retirement plan is one of the best ways to support your employees and secure their long-term financial well-being. However, understanding the regulations behind these plans is essential to avoid compliance issues and maximize their benefits. Two critical pieces of legislation—the
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What Trump’s New Administration Could Mean for Retirement Policies and Plans
How Donald Trump’s New Administration Could Impact Retirement Policies and Plans As Donald Trump assumes office again, his administration may bring changes to retirement policies that could affect business owners, employees, and retirees alike. In this article, we’ll explore potential shifts in retirement planning and how Maxus Plan Solutions can help you stay ahead
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The Impact of the SECURE and CARES Acts on Business Sales and Cost of Living Changes
December 1st – Participant NoticesAnnual notices due for Safe Harbor elections, Qualified Default Investment Alternatives (QDIA), and Automatic Contribution Arrangements (EACA, QACA). 31st – ADP/ACP CorrectionsDeadline for the Plan to make ADP/ACP corrective distributions, and/or to deposit Qualified Non-Elective Contributions (QNEC) for the previous Plan Year without a 10% excise tax. 31st – Discretionary AmendmentsDeadline
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