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Employer Saver
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  1. MERIT
  2. Employer Support
  3. Frequently Asked Questions
  4. Saver FAQs

If I do not have earned income, can I still join MERIT?

No, to qualify for any IRA under IRS regulations you need earned income.

Articles in this section

  • How do I request proof of assets or income verification?
  • My quarterly statements aren't available yet. How can I see my recent activity?
  • What do I do if additional information is needed to open my account?
  • How do I set up my MERIT account online after I’m enrolled?
  • What about expense ratios and fees?
  • Where can I find information about investments, fees, risks, and other program details?
  • Am I eligible for the Saver's Credit from the IRS?
  • I’m self-employed. Can I set up my own MERIT account?
  • Are there income limits to participate in MERIT?
  • What if there are only a few employees at my workplace?
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