June, 2023 | show full year | Close |
Event: | MyCTSavings program | |||
Date: | June 28th, 2023. | |||
Join staff from the MyCTSavings program on June 28th to find out if your business qualifies for this retirement savings program, and as a business owner, what you need to do to comply with the new law. The program is offered through the Office of the State Comptroller and there is no cost to employers to participate. When employers sign up, the program establishes a Roth IRA for each employee and the employer submits employees’ contributions on their payroll cycle. Employers with 5 or more employees (full and part-time) that do not currently offer a retirement plan are required to participate. Employers that currently offer a retirement plan only need to submit the requested information to confirm their exemption. The deadline for employers to comply has been extended to August 31, 2023. The Windsor Chamber of Commerce will host a webinar on Wednesday, June 28, 2023 at noon. A link to the event can be found here: https://us06web.zoom.us/j/83133460188 MyCTSavings staff will be there to present information and answer your questions. |