REQUEST A CONSULTATION

Legislation and Policy

Women showing coworkers work on her laptop. - Enlarged

Impact of Secure Act 2.0 on Retirement Savings

How SECURE Act 2.0 Is Reshaping Retirement Savings   The SECURE Act 2.0, passed in late 2022, is revolutionizing the way Americans save for retirement. Designed to enhance savings opportunities, simplify compliance, and provide greater flexibility, this legislation introduces substantial changes that impact employers and employees alike. For business owners offering retirement plans, the Act […]

Impact of Secure Act 2.0 on Retirement Savings Read More »

Workers at a desk with a computer and a coffee up close enlarged.

State Required 401(k) Plans: Part 3

Part 3: Why 401(k) Plans Are a Long-Term Investment in Your Business’s Success   In Part 1, we introduced state-required retirement plans and discussed their limitations. In Part 2, we highlighted the many advantages of transitioning to a 401(k) and how Maxus Plan Solutions can help make that transition seamless. Now, in Part 3, we’ll

State Required 401(k) Plans: Part 3 Read More »

Man and woman looking at computer enlarged.

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

State Required 401(k) Plans: Part 1 Read More »

Workers collaboratively working in an office environment -enlarged.

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

ERISA and the SECURE Act Explained Read More »

The White House from the front yard.

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

What Trump’s New Administration Could Mean for Retirement Policies and Plans Read More »

Businessman working on laptop outside

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

The Impact of the SECURE and CARES Acts on Business Sales and Cost of Living Changes Read More »