• 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?
• What is a Roth IRA?
• What does the administrative fee pay for?
• Is there a fee for participating in MERIT?
• Is my personal information reported to government agencies to determine immigration status?
• Does MERIT protect the security of funds deposited into my account?
• What steps are taken to keep my account safe from cyber threats?
• Are there legal protections from creditors for my funds?
• What happens if I opt out?
• What happens to my account if I move out of state or change jobs?
• What happens to my money if I die with no named beneficiaries?
• How long will it take to receive my money?
• Is there a minimum retirement age for MERIT?
• Can I transfer my MERIT money into another retirement savings account?
• Are there additional withdrawal restrictions beyond normal Roth IRA restrictions?
• Is there an administrative fee or penalty for withdrawing my money?
• Can I take money from my MERIT account?
• Is there a maximum percentage of income that can be contributed?
• Is there a limit to how much I can contribute?
• Is the contribution rate based on gross or net income?
• Why don’t MERIT contributions show up on my W2?
• Can I opt out of automatic contribution increases?
• Why does the program include an auto escalation of contributions?
• What is auto escalation?