🔔Reminder for Md. businesses🔔 -> Be sure to certify your compliance with MarylandSaves by Dec 1 to have your $300 Md. Annual Report fee waived next year 💲

• This is related to the new requirement a couple years ago for businesses with at least 1 employee to have a retirement plan, either their own or the state’s free MarylandSaves option

• If your business is using the MarylandSaves program, you’ll automatically get the fee waiver

• If your business has its own retirement plan, you should certify compliance before Dec 1 to get the fee waiver

• And if you’re exempt (e.g., no employees), be sure to certify exemption too