CT Comptroller Announces MyCTSavings - Small Business Employee Retirement
From: Town of Plainville
January 31, 2023
The Connecticut State Comptroller's Office has recently announced the launch of MyCTSavings, a program offering small business owners and employees the opportunity to save for the long-term through this retirement savings program.
MyCTSavings involves a seamless process with automatic payroll contributions to a Roth IRA. The program is funded by participant contributions, enrollment is free for employers and easily integrates with the employer's payroll process. Registration is now open for eligible employers. Businesses with 5-25 employees must register no later than March 30, 2023. For those with 26 or more employees, the deadline has passed but businesses can still register.
For further information on program details and to begin the application process, please click here.
