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

Does MarylandSaves protect the security of funds deposited into my account?

Yes, MarylandSaves has processes in place to protect the security of contributions to your account. Our program administrator and their affiliates have dedicated security and compliance teams to implement encryption, strict internal protocols and training, and annual independent security audits. And they implement industry-standard account authentication and password protection procedures.

Articles in this section

  • 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?
  • Is investing in MarylandSaves WorkLife Savings Account the same as putting money in a bank?
  • Is there a minimum retirement age for MarylandSaves?
See more

Related articles

  • Are there legal protections from creditors for my funds?
  • Could joining MarylandSaves impact my eligibility for college financial aid?
  • How to Submit Contributions Manually
  • Can I roll over another plan’s money into my MarylandSaves account?
  • Why don’t MarylandSaves contributions show up on my W2?
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