An employer-sponsored retirement plan includes a plan qualified under Internal Revenue Code sections 401(a) (including a 401(k) plan), qualified annuity plan under section 403(a), tax-sheltered annuity plan under section 403(b), Simplified Employee Pension plan under section 408(k), a SIMPLE IRA plan under section 408(p), or governmental deferred compensation plan under section 457(b). It does not include payroll deduction IRAs.
Articles in this section
- Can my company join the program before its required date?
- How Do I Contact MarylandSaves?
- Do employers have to sign their employees up for MarylandSaves?
- What is considered to be a qualified, employer-sponsored retirement plan?
- If I offer MarylandSaves to my employees now and then decide to offer a qualified retirement plan later, what do I do?
- What if my payroll company won't help me administer MarylandSaves?
- Are workers of only certain immigration statuses eligible for the program? What about undocumented workers?
- What if my payroll provider is stating they will charge a fee for remitting contributions with MarylandSaves?
- Does MarylandSaves charge employers any fees?
- Are employers required to make contributions to employees’ accounts?
Related articles
- If I offer MarylandSaves to my employees now and then decide to offer a qualified retirement plan later, what do I do?
- How do I claim my $300 SDAT filing waiver?
- What if my payroll company won't help me administer MarylandSaves?
- I already offer a 401(k) or similar plan to some employees but not all. Do I have to offer MarylandSaves program too?
- Are workers of only certain immigration statuses eligible for the program? What about undocumented workers?