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Andrew Collins CPA PLLC BlogDESCRIPTION
MyRA proposed by President in State of the Union. It is not big news to hear that most people are not saving enough for retirement. To help solve this problem the President has created a new MyRA that will offer retirement savings options to those without a 401K or other retirement plan at work. One benefit I see, it could offer a vehicle for putting away a lot of Roth money in one year, and then roll it over or transfer it to a true Roth IRA that offers reasonable investment options. The following insur.CONTENT
This web page acollinscpa.blogspot.com states the following, "MyRA proposed by President in State of the Union." We saw that the webpage said " It is not big news to hear that most people are not saving enough for retirement." It also said " To help solve this problem the President has created a new MyRA that will offer retirement savings options to those without a 401K or other retirement plan at work. One benefit I see, it could offer a vehicle for putting away a lot of Roth money in one year, and then roll it over or transfer it to a true Roth IRA that offers reasonable investment options."