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, Dunathan Consulting speaks with a retirement planner from 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This video was recorded shortly before the new mandate took effect in September 2022; the information in it may be outdated.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.
Helpful Links: State websites
Freddy’s List of Key Points
