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Important Information for Businesses
MarylandSaves
"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."
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MarylandSaves launched state-wide on September 15, 2022. For more information about how the program works, please visit MarylandSaves.com.
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