Just want to post how to do this:
Connect to a host that you want to store the password to (if using vncpassword, not mslogon):
Right click the task bar at the top of the window where it gives you the host name, ip, etc
Choose save connection info as
Save the file as a .vnc file
Right click the vnc file > edit
Get your encrypted password from your ini and copy the encrypted password and paste it in the .vnc shortcut: password=0000000000000 replace the 0000000000000 with the encrypted password from the INI (do not make any changes to your INI)
Remove the IP address from host=
Now you can connect with the saved password, just D click the shortcut to connect to any host.
If you need to rotate the password, you update the ini, push it out and then update the shortcut icon with the saved password.