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

Who is responsible for choosing the available investment options?

The Maryland Small Business Retirement Savings Program whose members are chosen by the Governor and the Legislature, are responsible for operating the program and choosing its administrators and investment options. They have done so after consulting with various experts and comparing multiple options and firms for each option. 

 

You can find out more about the Board and the program at MarylandSaves.org.

 

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?
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Related articles

  • Can employers match employee contributions?
  • Is my employer required to offer the MarylandSaves WorkLife Savings program?
  • Is there a fee for participating in MarylandSaves?
  • What is a Roth IRA?
  • Is my contribution pre-tax or post-tax?
← MarylandSaves.com