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  1. MarylandSaves
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  3. Frequently Asked Questions
  4. Saver FAQs

Can my employer or the State of Maryland take the money from my WorkLife Savings Account?

No. The money is yours, and only you can access your savings. Your contributions are remitted directly to MarylandSaves on your behalf and are credited directly to your personal WorkLife Account. The State cannot access your account for other purposes and your account is not tied to any other retirement plans offered by the State.

Articles in this section

  • My quarterly statements aren't available yet. How can I see my recent activity?
  • What do I do if additional information is needed to open my account?
  • How are my contributions made?
  • Will services be available in other languages?
  • Is there a limit to how much I can contribute?
  • Is my contribution pre-tax or post-tax?
  • What is the default contribution rate?
  • I’m self-employed. Can I set up my own MarylandSaves account?
  • Where do my contributions go?
  • Are there income limits to participate in MarylandSaves?
See more

Related articles

  • Is there a fee for participating in MarylandSaves?
  • Does MarylandSaves protect the security of funds deposited into my account?
  • What is a Roth IRA?
  • Could joining MarylandSaves impact my eligibility for college financial aid?
  • Can employers match employee contributions?
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