• 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?
• Am I eligible for the Saver's Credit from the IRS?
• Will Connecticut state income tax be withheld from my Roth IRA withdrawals?
• Who is responsible for choosing the available investment options?
• Are there income limits to participate in MyCTSavings?
• What if there are only a few employees at my workplace?
• What was the legislation that created the MyCTSavings program?
• Where can I find information about investments, fees, risks, and other program details?
• Do other states have programs like MyCTSavings?
• What type of bank accounts can I add to my account?
• How can I connect a bank account?
• Can I connect more than one bank account or type of account?
• Can I connect a bank account to my account?
• What does the administrative fee pay for?
• Is there a fee for participating in MyCTSavings?
• Is my personal information reported to government agencies to determine immigration status?
• What steps are taken to keep my account safe from cyber threats?
• Are there legal protections from creditors for my funds?
• What happens if I opt out?
• What happens to my account if I move out of state or change jobs?
• What happens to my money if I die with no named beneficiaries?