Introduction to MyRA

If you watched the recent State of the Union Address by President Obama, or follow finance related media, you are aware of the introduction of the new MyRA – My Retirement Account. As noted by President Obama, the program’s goal is to encourage millions of Americans to build savings that can supplement Social Security benefits. Considering that Americans already have access to a myriad of savings and retirement plans including 401(k) and 403(b)s; traditional and Roth IRAs, Rollover IRAs, health savings accounts, and 529 college savings plans, how is the Read the Full Story