Ring in the New Year with New Resolutions!
For many, January is a reset - a time to adopt new habits to improve your physical and mental health. It also happens to be Financial Wellness Month. As you make your own resolutions, consider how financial wellness plays an important part in the overall wellbeing of your business and your employees.
With MyCTSavings, small businesses can offer their employees a retirement savings plan to help them save for their future. By providing employees with a vehicle for their own savings, MyCTSavings also helps employers stay competitive in the marketplace.
Here’s a fun fact! According to a recent study, of those who made resolutions, only 9% of people actually kept them throughout the year. They are able to maintain their resolutions because they typically have a structured plan that helps them stay on track. MyCTSavings offers that structure so your employees can save for retirement throughout the year with our easy and flexible program.
Resources for Keeping Your Resolution – We’ve Got You Covered!
Registering your business is simple and can be done in just a few steps. Once you have all necessary information for registration, just sign up in the portal, follow the on-screen prompts, and you’re good to go!
Our website has all the resources you need to ensure a smooth registration and help you with any questions you may have along the way:
Register Your Business Today for MyCTSavings
MyCTSavings was designed by the State of Connecticut to make retirement savings accessible to everyone in a convenient and simple way. If you are a Connecticut employer with five or more employees,* you are required to participate in MyCTSavings if you don’t already offer a qualified retirement savings program.
Registration is now open for eligible employers. If you have 26 or more employees, your deadline has passed; however, you can still register your business here. If you have 5-25 employees you must register no later than March 30, 2023. Don’t delay the enrollment of your business in this innovative program. Get started today at https://myctsavings.vestwell.com/register/employer.
*To find out if your business is required to enroll in MyCTSavings, click here to learn more.