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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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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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Accelerated Retirement Savings Strategies

Retire Richer and Faster: 6 Effective Strategies for Accelerating Retirement Savings   For business owners who want to add real value through retirement plans, exploring ways to accelerate savings is essential. Retirement strategies like auto-increase features and catch-up contributions not only help employees build wealth faster but also demonstrate your commitment to their financial futures.

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How Robust Retirement Plans Improve Employee Retention

The Secret Weapon for Employee Retention: Your Retirement Plan   Let’s talk about something crucial to your company’s success: keeping your best employees. We all know the frustration—you invest time and resources in finding the perfect fit, only to see them leave after a few years. It’s costly, disruptive, and damages the team dynamic you’ve

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How Outsourcing 401(k) Management Benefits Your Employees

How Outsourcing 401(k) Management Benefits Your Employees   In our previous article, we covered how outsourcing 401(k) management benefits your business. Now let’s look at how it helps your employees. After all, a business is only as strong as its people, and when you take care of your team, they’ll be more engaged, loyal, and

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The Business Benefits of Outsourcing Retirement Plan Management 

The Business Benefits of Outsourcing Retirement Plan Management   As a business owner, you already have a lot on your plate—managing your team, ensuring smooth operations, and staying competitive in the market. It’s a juggling act! One area that can add complexity and stress is managing your company’s retirement plan. A 401(k) plan is a

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September 2021

September   15th Required contribution to Money Purchase Pension and Target Benefit Pension. 15th Contribution deadline for deducting 2020 employer contributions for those sponsors who filed a tax extension for Partnership or S-Corporation returns for the March 15, 2021 deadline. 30th Deadline for certification of the Annual Funding Target Attainment Percentage (AFTAP) for Defined Benefit

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June 2021

Upcoming Deadlines for calendar-year Plans   May 15th – Quarterly Benefit StatementDeadline for participant-directed Plans to provide participants their quarterly benefit/disclosure statement, including a statement of Plan fees and expenses charged to individual Plan accounts during the quarter. June 30th – EACA ADP/ACP CorrectionsDeadline to process corrective distributions for failed ADP/ACP tests without a 10%

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