Help your employees save and help your business grow

All eligible employers must register or certify their exemption by the deadline.

A seamless way for businesses and employees to thrive

MyCTSavings is Connecticut’s new state-sponsored retirement savings program. It gives businesses like yours a convenient way to help employees save for the future, and it benefits you, too. What’s more, it’s voluntary for employees — they can stay automatically enrolled or opt out and re-enroll later.

Already offer a retirement plan?

MyCTSavings applies only to employers that don’t offer a qualified retirement savings plan for their staff. If you already offer one, use your unique Access Code and EIN to certify your exemption here.

Program Benefits

Here’s how MyCTSavings benefits you as an employer:

It’s easy to set up and FREE to facilitate
It lets you focus on your business, with no complex administration and easy integration with your payroll process
It’s a valuable tool to attract and retain employees by giving them a simple and secure way to save through automatic payroll contributions to a Roth IRA

Learn more about program benefits

MyCTSavings can work for you

Retirement can help improve worker satisfaction, increase productivity, and reduce employee stress.¹

Making a difference for business owners

"It was easy to enroll and our employees who chose to participate are already excited about the opportunity to start saving for retirement."

— Axel Collazo, Assistant Manager of Ace Transportation of Tolland

Reference

1. Craig Copeland, “2020 EBRI Financial Wellbeing Employer Survey: COVID-19 Driving Benefit Offerings and Potentially Forcing Tough Budget Decisions,” EBRI Issue Brief, no. 515 (Employee Benefit Research Institute, October 22, 2020).