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

What type of bank accounts can I add to my account?

You can connect a checking or savings account. These types of accounts use Automated Clearing House (ACH) transfers, which are a fast and efficient way to electronically move funds from one account to another.

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

  • Can I make withdrawals? 
  • Are there legal protections from creditors for my funds?
  • How can I connect a bank account?
  • Is my contribution pre-tax or post-tax?
  • How are my contributions made?
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