Maxxgroom announced this week it has released the first-ever men's grooming ready-to-use wax stick called the MaxxGroom Wax Stick.
"We all know that electric nose trimmers don't work well, are loud, annoying to use, and leave irritating thick stubble behind," said Brad Harrison, founder and owner of Maxxgroom Wax Sticks. "With our first-ever wax sticks that are designed to be easy to use and even easier to pack in a man's shaving kit, men can easily control unwanted nose and ear hair."
Harrison has been working for years to perfect the wax stick, pouring time and money into research and 67 failed attempts at getting the perfect wax blend. With his team of chemists, Harrison developed the wax formula on the 68th try: a reusable, disposable, and biodegradable wax that does not require any heat or electricity to use.
The Maxxgroom Wax Stick package includes four wax sticks and four post-wax swabs. The swabs are made with organic jojoba oil which soothes the skin and removes any residue that has been left behind.
"Men deserve access to the same agile and easy-to-use beauty and grooming products as women, which is why we are so excited to announce the official launch of our groundbreaking product today," concluded Harrison.
The Maxxgroom Wax Sticks package is available at www.maxxgroom.com.
Subscriptions are also available.
OAK BROOK, Ill., April 13, 2023 (Newswire.com)
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Millennium Trust Company, LLC, a leading provider of health, wealth, retirement, and benefits solutions, today announced it soon will offer optional auto portability functionality for its best-in-class automatic rollover IRA solution.
The functionality is designed to connect to existing and new auto portability networks in order to further the industry's ongoing efforts to reduce retirement savings leakage and increase access for all. This new, add-on feature will be ready for client testing later this quarter and available to go live in 2024.
"Thousands of recordkeepers, third-party administrators and plan sponsors - including more than half of the top 20 recordkeepers - partner with Millennium Trust to decrease leakage. Our scale and existing technology integrations put us in the unique position to connect the industry, and we knew we could bring this functionality to market quickly," said Erik Beck, Chief Commercial Officer of Millennium Trust. "We're offering this optional feature so any clients interested in connecting with our extensive network of retirement industry participants will be able to do so quickly and easily."
Millennium Trust's automatic rollover solution has always supported active portability of an IRA owner's funds when the account owner chooses to do so, and now the company is improving and extending the solution's portability options. This current initiative is part of Millennium Trust's more than $30 million commitment to combat retirement savings leakage by reducing friction, expanding access to savings options, and providing more financial education.
Beck said the company is engaged in extensive, ongoing dialogue with clients of all sizes about their needs. Millennium Trust will have the new functionality in place by the end of June 2023, so anyone interested in the feature will be able to first test it and then implement it at no additional cost on Jan. 1, 2024.
Auto portability leverages the core features of Millennium Trust's automatic rollover solution, helping individuals transfer their retirement savings from a former employer's retirement plan to an automatic rollover IRA, and then to their new 401(k) or similar employer-sponsored retirement plan unless they elect otherwise. It is an optional add-on to the existing automatic rollover solution, wherein low-balance accounts of non-responsive former employees are rolled over to an IRA to maintain the tax advantages of the retirement savings system and reduce leakage.
The SECURE 2.0 Act of 2022 allows Millennium Trust to offer auto portability services to recordkeepers, third-party administrators and plan sponsors of all sizes. Auto portability is not mandatory. Rather, plan sponsors may choose to add auto portability to their existing automatic rollover solution, whether through Millennium Trust or another provider, thanks to Millennium Trust's open network approach to this functionality.
"Millennium Trust wants to make a broad impact on keeping money in the retirement system by partnering with recordkeepers, third-party administrators, plan sponsors and others in our industry. We welcome any current and future retirement industry providers to join us in this mission," Millennium Trust CEO Dan Laszlo said. "No matter the size of the partner, we want to provide a no-cost, fast and easy option to connect so they can offer their clients choice. And we won't stop there. We will continue to work on health and wealth solutions that help individuals long before and well into retirement."
About Millennium Trust Company
Millennium Trust Company solves important business challenges through innovative financial wellness solutions that help people plan, save and invest. With more than 5 million clients holding over $55 billion in assets under custody, we are committed to using our decades of expertise and strong partnership with the financial community to empower employers, advisors and institutions to help people achieve short-term and long-term financial security. Learn more at mtrustcompany.com.
