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

What happens to my money if I die with no named beneficiaries?

If you die and have no named beneficiaries, the account will be payable to your estate under the terms of the IRA. Accounts that become unclaimed property will be subject to applicable law.

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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