Retirement Savings Program Requirement

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Read time: 6 minutes

Is my company required to offer MyCTSavings to employees?

Almost every employer with 5 or more employees earning at least $5,000 annually must offer them a retirement savings program.

If your business meets the requirements, you're required to offer MyCTSavings or another qualified retirement savings plan. 

Learn more about which employers and employees are eligible for MyCTSavings

Already offer a retirement plan?

If you already offer a qualified retirement savings plan, use your unique Access Code and EIN to certify your business doesn't have to offer MyCTSavings.

Certify exemption

 

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