Search
Enter a keyword to search the entire website. Common search terms include account access, form information, contact details, etc.
-
How do I get my $300 Maryland annual report filing fee waived if I register with MarylandSaves?
Businesses in Maryland are required to file their Annual Reports to the Maryland Department of Assessment and Taxation (SDAT) as part of their annual business tax filings. SDAT will waive its $300 annual report filing fee for every year a Maryland business signs employees up for MarylandSaves and...
-
How do I know if my employer has signed up for MarylandSaves?
If you haven’t received a notification of enrollment, you can ask your employer, or call 1-833-811-7437, Monday – Friday, 9 a.m. – 6 p.m. ET.
-
How do I set up my MarylandSaves WorkLife Account online after I’m enrolled?
If you choose to participate, set up your account here and follow the on-screen instructions. If you need help, just give us a call at 1-833-811-7438, Monday – Friday, 9 a.m. – 6 p.m. ET.
-
How does enrollment work?
First, you’ll be asked to provide certain information about your business and employees. We ask only for the basic information necessary to set you up as an employer and to set up your employees' accounts. After your business is enrolled, MarylandSaves will reach out to your employees with...
-
How Does MarylandSaves protect funds remitted to the employee accounts? Are there measures to keep my account safe from cyber threats?
MarylandSaves has processes in place to protect the security of employee contributions to their accounts. Our program administrator and its affiliates have dedicated security and compliance teams to implement encryption, strict internal protocols and training, and annual independent security...
-
How does the MarylandSaves program work?
MarylandSaves is a simple, safe, easy way for you to save for emergencies and retirement. For most people, their employer will register for the program and give MarylandSaves your contact information. We then contact you, tell you about the program, and offer you the chance to customize your...
-
How is MarylandSaves different from plans like a 401(k) or an IRA?
The MarylandSaves WorkLife Savings Program was designed primarily for small businesses or non-profits that don’t have the resources or cannot afford the contributions required by traditional retirement plans. Traditional retirement plans generally involve employer contributions and fees as well as...
-
How is savings with MarylandSaves different than saving with 401(k) or an IRA?
The program is designed to pull together some of the best features of popular employer plans and IRAs. We’re helping to lower barriers like complex administration and high costs that may keep employers from offering a successful retirement savings plan to their employees. With MarylandSaves,...
-
How long does it take to complete enrollment online?
Many businesses tell us that they completed enrollment in 15 to 20 minutes. Your business’s time will depend on how many employees you have and whether you enter their information manually or use the batch upload feature or payroll system integration for multiple employees. Once employees are...
-
How long will it take to receive my money?
Please allow up to 3-5 business days. Distributions will generally be processed within 3 business days of your request. During periods of market volatility and at year-end, distribution requests may take up to 5 business days. For security purposes, there will be a hold of 15 calendar days when...