- How Do I Contact MyCTSavings?
- Do employees need to fill out paperwork to enroll or make changes?
- What does automatic enrollment mean?
- Where can I find a copy of the program rules?
- Who is responsible for choosing the investment options for participants?
- Do I need to facilitate the program if I only have a small number of employees?
- If I offer MyCTSavings to my employees now and then decide to offer a qualified retirement plan later, what do I do?
- How long does it take to complete registration online?
- What if I already offer a qualified retirement account?
- What if my payroll provider is stating they will charge a fee for remitting contributions with MyCTSavings?
- What if my payroll company won't help me administer MyCTSavings?
- Do other states have programs like this?
- Are there measures to keep my account safe from cyber threats?
- Does MyCTSavings secure funds remitted to the employee accounts?
- As an employer participating in MyCTSavings, am I allowed to match my employees’ contributions?
- Can the State use money from this program to pay for other programs?
- Do I need to report contributions on my employees’ W2s?
- Can cannabis-related businesses facilitate MyCTSavings?
- If I offer my employer-sponsored retirement plan only to some employees but not all, do I have to offer the State's program as well?
- Do payroll deduction IRAs count as a qualified, employer-sponsored retirement plan?
- Do I need to offer the program to work-study students?
- If a business owner or shareholder is also an employee, are they eligible to participate?
- Do family members who work for my business count as employees?
- Are workers of only certain immigration statuses eligible for the program? What about undocumented workers?
- Are seasonal employees eligible?
- If I have employees in multiple states, including Connecticut do I just facilitate the State's program for employees in Connecticut?
- Are my employees who live in other states eligible for Connecticut’s program?
- Are H-2A visa holders eligible for the program?
- Is there a minimum age to be eligible to participate in MyCTSavings?
- Which businesses are eligible to participate in MyCTSavings?