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What happens to my account if I move out of state or change jobs?

Your MarylandSaves account belongs to you. If you continue to work for an employer that facilitates MarylandSaves, you can continue to participate and continue payroll contributions. If a new employer doesn’t facilitate the program, you can make contributions directly from your bank account. You can also roll over or transfer your savings from your account to an IRA at another investment provider, if that IRA accepts rollovers or transfers.

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 an administrative fee or penalty for withdrawing my money?
  • Can I have a WorkLife Account plus another retirement savings plan?
  • Am I eligible for the Saver's Credit from the IRS?
  • My quarterly statements aren't available yet. How can I see my recent activity?
  • Registration for Employers With Two or More Companies
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