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

Who is responsible for choosing the available investment options?

The MERIT Board, whose mission is to “promote and enhance retirement savings for private sector employees in the State,” is responsible for making decisions about the investment options available in the program.

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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