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Fin Planning Feb 2015 - "Add the New myRA to Retirement Savings Options"

Fin Planning Feb 2015 - "Add the New myRA to Retirement Savings Options"

Fin Planning Feb 2015 - "Add the New myRA to Retirement Savings Options"

Excerpt


Add the New myRA to Retirement Savings Options


 


For millions of workers who don’t have access to an employer-sponsored retirement plan, the new myRA (which stands for My Retirement Account) enables them to save for retirement via paycheck deferrals. The account is free for employers to offer and employees pay no upfront or investment fees to participate. The plan was announced at last year’s State of the Union address, but exact details of the savings program were only recently released by the Treasury Department.


        



 


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