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  1. MyCTSavings
  2. Employer Support
  3. Frequently Asked Questions
  4. Saver FAQs

Do employers have to facilitate MyCTSavings?

An employer is required to facilitate the MyCTSavings retirement savings program only if:

  • Their business is registered to conduct business in the state of Connecticut
  • They have at least five W-2 employees who have earned more than $5,000 in a calendar year
  • They don’t currently offer a qualified retirement savings program to employees

Articles in this section

  • Why does MyCTSavings include Annual Increase of contribution rates?
  • Can I still set my own contribution rate if I am participating in the Annual Increase program?
  • I don't want my contribution rate to automatically increase. Can I stop my contribution rate from going up automatically each year?
  • What is the Annual Increase? Will my contribution rate automatically increase each year?
  • My quarterly statements aren't available yet. How can I see my recent activity?
  • What do I do if additional information is needed to open my account?
  • What about expense ratios and fees?
  • What do I need to set up my own account?
  • I’m self-employed. Can I set up my own MyCTSavings account?
  • How do I join MyCTSavings?
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