The President Announces New Retirement Account Plan for Americans Who Don’t Have Access to 401K Accounts
In his State of the Union address this week, President Obama, announced that he will order the Treasury Department to offer a new, government-backed savings plan, called “MyRA," for the more than half of Americans whose employers don’t offer retirement plans. The plans, available to workers who make less than $191,000 per year, would function […]
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