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The easy way to save for retirement. Our mission is to empower workers to establish and increase retirement savings through an automatic, low-cost, trusted retirement plan benefitting Maine workers, employers and taxpayers. The deadline has passed, but there’s still time to register! Your Savings: Do Not Open ’til Retirement! About MERIT More than 200,000 Mainers…
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Employers / Employees
Employers Help employees build financial security with MERIT. All Maine businesses with five or more employees will be required to register with MERIT if they don’t already offer a qualified retirement savings plan. MERIT is an added benefit to offer employees and comes at no cost to Employers. Employers simply facilitate the program and maintain…
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Resources
Studies The benefits to Maine and Mainers of offering automatic employer-based retirement savings are the subject of studies undertaken both in Maine and nationally. Retirement savings can offer Mainers a more secure retirement and save the State money by reducing public assistance spending for Maine retirees. Webinars Watch these Webinars to learn more about MERIT…
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About
About the Board The Maine Retirement Savings Board was established to implement a public-private retirement savings program for Maine employees who do not have access to a retirement savings plan through their employer. The Board meets monthly to oversee the Program, including the Program Administrator and the Program’s investments. The Board develops the rules and…
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