Important Information for Businesses
"Under the law, employers with an automatic payroll system are required to establish a payroll deposit retirement savings arrangement for employees through a state-run trust. This means that employers that use an automated payroll system must offer a retirement plan or sign their employees up for MarylandSaves."
MarylandSaves launched state-wide on September 15, 2022. For more information about how the program works, please visit MarylandSaves.com.