If I offer MarylandSaves to my employees now and then decide to offer a qualified retirement plan later, what do I do?

Employers that choose to introduce a qualified retirement plan after enrolling employees in the MarylandSaves program should contact our client services team at 1-833-811-7437 and request to “unregister.” Our team will then take you through the necessary steps.

Articles in this section

Do employers have to sign their employees up for MarylandSaves?
What is considered to be a qualified, employer-sponsored retirement plan?
Can I have a designated employee or payroll services provider complete the registration and enrollment process?
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?
I already offer a 401(k) or similar plan to some employees but not all. Do I have to offer MarylandSaves program too?

See more