What if an employee asks me for advice about the program or its investment options?

The MarylandSaves program is designed to enable businesses to make savings available to their employees without the employer becoming legally responsible for either the decision to participate or the investment results. State law provides that employers should not advise or discuss with their employees whether to participate or suggest how much they should save or what options they should choose or otherwise provide any advice about the program or investments. Your responsibility is to “facilitate” the program. Instead, advise the employee to visit MarylandSaves.com or call 1-833-811-7438. You could also suggest that the employee speak to a financial or tax advisor.