MyCTSavings

MyCTSavings is Connecticut’s state-facilitated retirement savings program for certain employers that do not sponsor a qualified workplace retirement plan.

The program allows eligible employees to save for retirement through payroll deductions into an individual retirement account. Covered employers generally facilitate the payroll process rather than contribute as the plan sponsor. Requirements and deadlines can change, so Connecticut employers should review current MyCTSavings guidance to confirm their responsibilities.