State comptroller visits Stamford business to talk MyCTSavings
Employers with at least five employers who've been paid more than $5,000 in the calendar year are required by law to join the program-- if they don't already offer a retirement plan.
•
Jan 23, 2023, 5:35 PM
•
Updated 698 days ago
Share:
More Stories
1:48
Fairfield music group spreads holiday cheer on winter solstice
5h ago
Stolen base king Rickey Henderson dies at 65
6h ago0:22
Officials: Some Norwalk residents without water after emergency work forces water main to be turned off
9h ago1:28
FDA announces new criteria for what foods can be considered healthy
14h ago0:24
Greenwich 3rd grader publishes Christmas-themed comic book
17h ago0:30
'The Halloween Night' – Greenwich child author pens his second comic book
17h ago1:48
Fairfield music group spreads holiday cheer on winter solstice
5h agoStolen base king Rickey Henderson dies at 65
6h ago0:22
Officials: Some Norwalk residents without water after emergency work forces water main to be turned off
9h ago1:28
FDA announces new criteria for what foods can be considered healthy
14h ago0:24
Greenwich 3rd grader publishes Christmas-themed comic book
17h ago0:30
'The Halloween Night' – Greenwich child author pens his second comic book
17h agoState Comptroller Sean Scanlon visited a small business in Stamford today to discuss access to Connecticut's new retirement plan, MyCTSavings.
Scanlon stopped by Lorca Coffee Bar on Bedford Street.
Leyla Jenkins has owned the business for a decade with some of her creations inspired by her Spanish heritage.
Jenkins says her woman-owned business has worked with the Women's Business Development Council for several years and was recently made aware of MyCTSavings.
Employers with at least five employees who've been paid more than $5,000 in the calendar year are required by law to join the program if they don't already offer a retirement plan.
Employees must contribute a minimum of 3%. There's no employer match.
Jenkins says around her 70% of her employees are taking advantage of the new program.
Scanlon says businesses that qualify for the program must enroll by the end of March.
More from News 12
0:22
Officials: Some Norwalk residents without water after emergency work forces water main to be turned off
1:58
Pump up the heat. It's about to get even colder in Connecticut
1:48
Fairfield music group spreads holiday cheer on winter solstice
President Biden signs bill that averts government shutdown and brings a close to days of Washington upheaval
0:24
Greenwich 3rd grader publishes Christmas-themed comic book
1:28