Posted on Dec 18, 2016
Obama’s myRA Retirement Plan Starts Off With a Whimper
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Posted 8 y ago
Responses: 3
I'll trade him my retirement account for his, I might be able to live off of it.
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Thanks for sharing Maj Marty Hogan to be honest I had never heard of the Myra plan.
I am not surprised that the "myRA program has a long way to go to help the millions of Americans that a White House blog about the program envisions.
The tally: 20,000 myRA accounts have been opened, with assets of about $17 million.
The starter retirement account is designed for low- and moderate-income Americans without access to workplace retirement savings programs. It has no fees that could gobble up the small amounts invested and holds funds in a new Treasury security created for the program. Those retirement savings bonds pay a small amount of interest and are guaranteed not to lose money."
The gullible focus their retirement assets and investments on Treasury accounts and wisdom.
These are the same folks who back Social Security - ha, ha
I am not surprised that the "myRA program has a long way to go to help the millions of Americans that a White House blog about the program envisions.
The tally: 20,000 myRA accounts have been opened, with assets of about $17 million.
The starter retirement account is designed for low- and moderate-income Americans without access to workplace retirement savings programs. It has no fees that could gobble up the small amounts invested and holds funds in a new Treasury security created for the program. Those retirement savings bonds pay a small amount of interest and are guaranteed not to lose money."
The gullible focus their retirement assets and investments on Treasury accounts and wisdom.
These are the same folks who back Social Security - ha, ha
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Maj Marty Hogan
LTC Greg Henning my wife and I have filed separately the past few years and going o look into this for her. Talks about gross income of $62K and below- researching now
https://myra.gov/?utm_expid=112154954-9.nz5h8ogBQpaO0c770moe0g.0&utm_referrer=https%3A%2F%2Fwww.google.com%2F
https://myra.gov/?utm_expid=112154954-9.nz5h8ogBQpaO0c770moe0g.0&utm_referrer=https%3A%2F%2Fwww.google.com%2F
myRA - my Retirement Account | Home
myRA is a retirement savings account for people looking for a simple, safe, and affordable way to start saving for retirement.
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LTC Greg Henning
Maj Marty Hogan - You all most need to become a tax lawyer to figure out all these laws!
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