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Maryland launches savings plan for small businesses, residents

Posted On: Sep. 21, 2022 10:05 AM CST

On Sept. 15, Maryland launched its new “MarylandSaves” paycheck savings program, allowing thousands of small business owners and more than a million residents they employ a new way to save for emergencies and retirement, 401K Specialist reports. The program will offer workers throughout the state the opportunity to start a personal WorkLife Savings Account automatically funded from their paychecks.