All qualified employers with five or more employees in Connecticut—at least five of whom have been paid more than $5,000 in the calendar year—are required by law to join MyCTSavings if they don’t offer a retirement plan for their employees.* If your business offers a qualified retirement plan to your employees, it does not have to participate in MyCTSavings.
*If your business offers a qualified retirement plan to your employees, please certify your exemption from MyCTSavings.