Is YOUR business ready for the

Connecticut Mandate Deadline?

A workplace retirement plan is mandatory for employers with 5 or more employees beginning

March 30, 2023

New tax credits for 100% of start-up costs for employers with up to 50 employees.

An employer-sponsored retirement plan includes a plan qualified under Internal Revenue Code sections 401(a) (including a 401(k) plan), qualified annuity plan under section 403(a), tax-sheltered annuity plan under section 403(b), Simplified Employee Pension plan under section 408(k), a SIMPLE IRA plan under section 408(p), or governmental deferred compensation plan under section 457(b). It does not include payroll deduction IRAs.

Please refer to MyCTSavings.com for the latest requirements.