Attention Business Owners: Waive Your $300 SDAT Annual Report Fee
(Deadline: December 15, 2026)
The MarylandSaves Retirement Savings Program allows Maryland businesses to waive the $300 SDAT Annual Report Filing Fee (MD Form 1 Fee) if they meet program requirements.
Important Deadline Clarification:
While the MarylandSaves site lists the official deadline as December 31, 2026, SDAT will begin formulating its waiver list earlier. To make sure your business is included and avoids the $300 fee, all required actions must be completed by December 15, 2026.
How to Qualify
If you use MarylandSaves:
- Your business will automatically qualify once you’ve registered and are making payroll contributions to the program by December 15, 2026. No additional action is needed.
If you already offer another retirement plan (401(k), 403(b), SIMPLE IRA, SEP, 457(b), etc.):
- You’ll need to submit the MarylandSaves Waiver Claim Form each year by the deadline to receive the waiver.
Final Deadline
All actions must be completed by December 15, 2026 to secure the fee waiver for the 2027 filing year.
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