The easy way to save for retirement
Helping employers grow and workers plan for the future
MyCTSavings helps employers offer a great new benefit and provides a seamless way for employees to save and plan for retirement.
MyCTSavings is overseen by the Connecticut Office of the State Comptroller. State law requires that all businesses with 5 or more employees that do not already offer a qualified retirement plan register before their required deadline.
MyCTSavings is also available for:
Connecticut workers whose employers do not offer a workplace retirement plan
Self-employed individuals
Others who want an easy way to save in a Roth Individual Retirement Account (IRA) they can take wherever their career leads
Benefits to help you succeed
Employer benefits
No cost for employers
Getting started is fast, easy, and secure
Works seamlessly with any payroll process
Stay competitive by offering a great benefit to your employees
Requires very little time and administration
Saver benefits
It’s your money — your account and funds go with you as your career changes
Secure, simple way to save for retirement
Flexible contribution levels to meet your needs
It’s voluntary — stay enrolled automatically or opt out and re-enroll later
Access to people and online tools to help answer your questions
Hear how the program has already helped these employers and savers
Financial security is a growing concern!
In a recent study, one in four Americans said they had no retirement savings.¹
Reference
1. Bond, Tyler, et al. “Retirement Insecurity 2021: Americans' Views of Retirement.” National Institute on Retirement Security, 26 Feb. 2021, www.nirsonline.org/reports/retirementinsecurity2021.