Human Interest 401(k) vs. Maryland Small Business Savings: how do they compare?

MarylandSaves is a state-sponsored retirement savings program that increases access to affordable retirement savings opportunities. In Maryland, it will soon be required that businesses opt in to the state-run plan or offer some kind of 401(k) retirement plan. As the program is getting ready to roll out, businesses are challenged to find the right solution that best suite their organization.

But is MarylandSaves right for your business? Our guide reviews the differences between the state-provided IRA option vs. a 401(k) plan.