• What happens to my account if I move out of state or change jobs?
• Am I eligible for the Saver's Credit from the IRS?
• Why does the program include an auto escalation of contributions?
• How will I know when my account is close to the annual IRA contribution limit?
• Why don’t EARNS contributions show up on my W2?
• Is there an administrative fee or penalty for withdrawing my money?
• What does the administrative fee pay for?
• Can I opt out of automatic contribution increases?
• Is the contribution rate based on gross or net income?
• Can I take money from my EARNS account?
• Is there a maximum percentage of income that can be contributed?
• What is auto escalation?
• Can I have an EARNS account plus another retirement savings plan?
• Can I contribute a set dollar amount per paycheck instead of a percentage?
• What if I don’t select investments for my account?
• What about expense ratios and fees?
• Are my investments guaranteed to earn?
• Could I lose my money?
• Could joining EARNS impact my eligibility for federal programs like SNAP or TANF?
• What if there are only a few employees at my workplace?
• Can the State use money from this program to fund other programs?
• Where can I find information about investments, fees, risks, and other program details?
• Does this program replace 401(k)s?
• Do employers have to facilitate EARNS?
• Do other states have programs like EARNS?