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  1. MarylandSaves
  2. Employer
  3. Frequently Asked Questions
  4. Employer FAQs

As an employer participating in MarylandSaves, am I allowed to match my employees’ contributions?

No. Employer contributions are not permitted in the MarylandSaves Program. 

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?
See more

Related articles

  • Do I need to report contributions on my employees’ W2s?
  • Who is responsible for choosing the investment options for participants?
  • Do family members who work for my business count as employees?
  • Will assistance be available in other languages?
  • Which businesses are eligible to participate in MarylandSaves?
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