The big news this week was President Obama’s announcement of the forthcoming availability of so-called myRA retirement accounts. As we’ve discussed, the myRA is essentially a Roth IRA wrapped around a savings bond that will pay out at the same rate as the federal Thrift Savings Plan (TSP) G Fund. […]

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Obama's myRA Retirement Account Details

by Michael on Jan 29, 2014 · 2 comments

Details regarding President Obama’s proposed myRA retirement accounts have begun to dribble out. Here’s what we know about the program so far…

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What the Heck is a myRA?

by Michael on Jan 28, 2014

Here’s an interesting tidbit from President Obama’s State of the Union address: “[T]omorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: myRA. It’s a new savings bond that encourages folks to build a nest egg. myRA guarantees a decent […]

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