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Myctsavings is an exciting new retirement savings program, sponsored by the state of connecticut’s retirement security authority Are there income limits to participate in myctsavings? It’s a new, seamless way to help connecticut employees save and plan for the future.
Myctsavings is a private sector retirement savings program overseen by the connecticut office of the state comptroller Who is responsible for choosing the available investment options 1 the myctsavings program is free to employers.
As of july 31, 2025, 3,012 employers in connecticut were submitting payroll deductions to myctsavings in the past 90 days (see table 2)
Employers with five employees or more are required to participate in the program. Enter the email and password that you chose when registering for your account It gives businesses like yours a convenient way to help employees save for the future, and it benefits you, too Welcome to the connecticut retirement security program, the board which oversees the myctsavings program
If you are an employer or saver looking for more information about myctsavings, please click here to visit the program’s website: Participation in myctsavings is completely voluntary, you can change your savings rate, investment election, and opt out or back in at any time If your employer does not meet the registration requirements, you can also open and contribute to your own retirement account with myctsavings. Find answers to commonly asked questions and helpful resources here
For further inquiries, contact us
If you have speech or hearing disabilities, dial 711 to access telecommunications relay service (trs) from a telephone or tty Can i set up my own myctsavings account How do i join myctsavings Am i eligible for the saver's credit from the irs
Will connecticut state income tax be withheld from my roth ira withdrawals
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