Maryland Retirement Plan Mandate (2022)

Maryland Retirement Plan Mandate - what you need to know

In 2022, Maryland enacted a new state mandate for Maryland business owners to provide a retirement plan for their employees. In this video, Andrea Dunathan speaks with a Freddy Haramboure, a retirement planner with ADP, about Maryland's requirement.

NOTE: This video was recorded shortly before the new mandate took effect in September 2022; the information in it may be outdated. Check with the state of Maryland to get the latest information.

Discussion topics: learn whether the mandate applies to your company, find out more about the options you have to meet the mandate, and discover what happens if you don't.