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Privacy Policy


MarylandSaves collects nonpublic personal information (“Personal Information”) about you from the following sources:

  • Information we receive from you on applications, correspondence, communications, and customer service interactions (for example, name, address, Social Security number, birth date).

  • Information about your transactions in your Account.



MarylandSaves may share your Personal Information with its service providers, contractors, auditors, legal counsel, and agents in order to provide services and to administer MarylandSaves in accordance with applicable law. MarylandSaves may disclose your Personal Information as permitted by law or with your consent. Neither MarylandSaves nor its service providers will share or sell your personal information for commercial purposes. MarylandSaves’ service providers are obligated to keep personal information they collect in the course of providing services to MarylandSaves confidential and to use it only to provide services to MarylandSaves or assist with its administration. MarylandSaves requires its service providers to comply with applicable privacy laws and regulations, including those related to the safeguarding of your Personal Information.

Upon request, representatives of MarylandSaves will respond to questions as to why certain information is requested, collected, and maintained. Upon receipt of a written consent to disclose pursuant to Maryland law and administrative rules governing the program, participants will have the opportunity to examine any of their personal records under MarylandSaves’ control. Information that cannot be used to identify you (for example, aggregated information) is not considered Personal Information, and therefore is not subject to this privacy policy.

The MarylandSaves Website

Reference to any non-state resource, including non-state websites linked to this site, does not constitute an endorsement by the State of Maryland, MarylandSaves, or the Maryland Small Business Retirement Savings Program (“MSBRSP”). Neither the State of Maryland, MarylandSaves, nor MSBRSP is responsible for the content of any non-state websites linked to this site, and any views expressed on such websites do not necessarily represent their views. You assume any and all risk associated with the use of any non-state website linked to this site. MSBRSP, MarylandSaves, and the State of Maryland do not guarantee or warrant the accuracy of any information, services or products advertised or offered on non-state websites.

As a condition of your use, you agree that you will not use the Website for any purpose that is unlawful or prohibited by this Privacy Policy or MSBRSP’s policies or rules. You may not use the Website in any manner which could damage, disable, overburden, or impair the Website or interfere with any other party's use and enjoyment of the Website. uses Google Analytics to collect and process visitors’ data through the use of cookies. See for more information on how Google uses cookies in its Google Analytics product.

MarylandSaves is governed by the Maryland Small Business Retirement Savings Program (“MSBRSP”), an instrumentality of the State of Maryland. Vestwell State Savings, LLC, dba Sumday Administration (“Sumday”), is the program administrator. Sumday and The Bank of New York Mellon are responsible for day-to-day program operations. Participants who use MarylandSaves beneficially own and have control over their Roth Individual Retirement Accounts (“IRA”), as provided in the program offering set out at

MarylandSaves’ investment options are selected by the MSBRSP. For more information on MarylandSaves’ investment options, go to Account balances in MarylandSaves will vary with market conditions and are not guaranteed or insured by the MSBRSP, the State of Maryland, the Federal Deposit Insurance Corporation (“FDIC”) or any other organization.

MarylandSaves is a completely voluntary retirement program. Saving through a Roth IRA will not be appropriate for all individuals. Employer facilitation of MarylandSaves should not be considered an endorsement or recommendation by your employer of MarylandSaves, Roth IRAs, or the investment options in the program. Roth IRAs are not exclusive to MarylandSaves and can be obtained outside of the program and contributed to outside of payroll deduction. Contributing to a MarylandSaves Roth IRA through payroll deduction offers some tax benefits and consequences. You should consult appropriate professional advice or consultation if you have questions related to taxes or investments.

The MarylandSaves name and the MarylandSaves logo are trademarks of the MSBRSP and may not be used without permission.