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

What does the administrative fee pay for?

It covers all administrative costs associated with the program, such as the cost of maintaining your account, oversight of the program’s investments, providing customer service, keeping records, online and phone services, and the operating expenses of the underlying investment funds in which the investment options are invested.

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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