• When can I register?
• Do employees need to fill out paperwork to enroll or make changes?
• What does automatic enrollment mean?
• Where can I find a copy of the Program Disclosure Booklet?
• How long does it take to complete registration online?
• What if my payroll provider is stating they will charge a fee for remitting contributions with MERIT?
• What if my payroll company won't help me administer MERIT?
• Are there measures to keep my account safe from cyber threats?
• Does MERIT secure funds remitted to the employee accounts?
• Can the State use money from this program to pay for other programs?
• Do I need to report contributions on my employees’ W2s?
• What is the Target Retirement Date Option?
• Who is responsible for choosing the investment options for participants?
• As an employer participating in MERIT, am I allowed to match my employees’ contributions?
• Can cannabis-related businesses facilitate MERIT?
• If I offer my employer-sponsored retirement plan only to some employees but not all, do I have to offer the State's program as well?
• Do payroll deduction IRAs count as a qualified, employer-sponsored retirement plan?
• Do I need to offer the program to work-study students?
• Do I need to facilitate the program if I only have a small number of employees?
• If a business owner or shareholder is also an employee, are they eligible to participate?
• Do family members who work for my business count as employees?
• Are workers of only certain immigration statuses eligible for the program? What about undocumented workers?
• If I have employees in multiple states, including Maine, do I just facilitate the State's program for employees in Maine?
• Are my employees who live in other states eligible for Maine’s program?
• Is there a minimum age to be eligible to participate in MERIT?
• Which businesses are eligible to participate in MERIT?
• If I offer MERIT to my employees now and then decide to offer a qualified retirement plan later, what do I do?
• What if an employee asks me for advice about the program or its investment options?
• What if an employee already has a MERIT account through another employer?
• Can I have a designated employee or payroll services provider complete the registration process?