Skip to main content
Logo

Help Center

← MeritSaves.com
Employer Saver
What can we help you with?
  1. MERIT
  2. Employer Support
  3. Frequently Asked Questions
  4. Saver FAQs

If I have another IRA, in addition to the State's program, does the contribution limit apply to each separately or to the combined amount?

The IRS's annual IRA contribution limits apply to the combined amount contributed to all of your IRAs, both Traditional and Roth.

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?
See more
← MeritSaves.com