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Connecticut · 401(k) Contribution

401(k) Contribution in Connecticut (2026)

Pre-tax 401(k) contributions reduce 2026 taxable wages up to the $24,500 employee deferral limit, with catch-up rules for eligible older workers. Connecticut has a progressive income tax with a top rate of 6.99%, so a Connecticut filer's combined marginal rate on the next dollar at $90,213 of income is about 27.5% (22% federal + 5.5% CT).

2026 savings example for Connecticut

Planning estimate for a single filer earning $90,213 (Connecticut median household income in LevyIO's state dataset) who removes $5,000 from taxable income. Federal tax uses the 2026 IRS brackets after the $16,100 standard deduction; CT tax uses the state brackets in LevyIO's dataset and assumes the state follows the federal treatment.

Estimated total savings

$1,375

Federal savings

$1,100

$11,017$9,917 · 22% bracket

CT state savings

$275

$4,212 → $3,937 · 5.5% marginal

Combined marginal rate

27.5%

≈ $275 saved per $1,000 deducted

Statutory maximum for this item in LevyIO's dataset: $24,500.

Federal × Connecticut marginal rates (2026, single)

Gross-income ranges include the federal standard deduction. The CT column is the state marginal rate at the midpoint of each range. The last column is the tax saved per $1,000 deducted at that combined rate.

Federal bracketGross income (single)CT marginalCombinedPer $1,000
10%$16,100 - $28,5004.5%14.5%$145
12%$28,500 - $66,5004.5%16.5%$165
22%$66,500 - $121,8005.5%27.5%$275
24%$121,800 - $217,8756%30%$300
32%$217,875 - $272,3256.5%38.5%$385
35%$272,325 - $656,7006.9%41.9%$419
37%Over $656,7006.99%43.99%$440

Eligibility & forms

Employees with employer-sponsored 401(k) plans

  • $24,500 employee elective deferral limit for 2026
  • $32,500 total if age 50+ with regular catch-up
  • $35,750 total if age 60-63 and the plan allows the higher catch-up
  • Pre-tax contributions reduce taxable wages; Roth 401(k) contributions do not

Federal forms: W-2

Connecticut filing notes

Personal exemption credits phase out at higher incomes. A 'recapture' tax can push effective rates above stated brackets. Consider the high property tax when evaluating total cost of living.

Common mistakes: Not maximizing employer match; Over-contributing across multiple plans; Treating Roth 401(k) contributions as a current-year deduction; Ignoring payroll year-to-date deferrals after changing jobs.

Frequently asked questions

How much can the 401(k) Contribution save a Connecticut taxpayer in 2026?

In LevyIO's example, a single filer with $90,213 of income (the Connecticut median household income in our state dataset) who removes $5,000 from taxable income saves about $1,100 in 2026 federal tax (22% marginal bracket) plus about $275 in Connecticut tax (5.5% state marginal rate), roughly $1,375 combined. It is a planning estimate computed from the 2026 IRS brackets and LevyIO's CT bracket data, not a survey figure.

What is the Connecticut income tax rate for 2026?

Connecticut has a progressive income tax with a top rate of 6.99%. The CT standard deduction in LevyIO's dataset is $0 single / $0 married. No standard deduction. Estate tax. Very high property taxes (1.96%).

Who qualifies for the 401(k) Contribution in Connecticut?

Employees with employer-sponsored 401(k) plans. The federal rules are the same in every state; the requirements are: $24,500 employee elective deferral limit for 2026; $32,500 total if age 50+ with regular catch-up; $35,750 total if age 60-63 and the plan allows the higher catch-up; Pre-tax contributions reduce taxable wages; Roth 401(k) contributions do not. Connecticut filers should confirm on the CT return whether the state follows the federal treatment.

Which forms do I file to claim the 401(k) Contribution?

Federal: W-2. Connecticut: check the Connecticut Department of Revenue Services instructions for the matching state schedule. Common mistakes: Not maximizing employer match; Over-contributing across multiple plans; Treating Roth 401(k) contributions as a current-year deduction; Ignoring payroll year-to-date deferrals after changing jobs.

Sources

Reviewed 2026-09-17. Estimates are educational planning figures computed from the IRS 2026 inflation adjustments and LevyIO's state bracket dataset; they are not tax advice.