The President proposed a new entry-level, basic retirement account this week to help people start retirement savings accounts. It’s basically a RothIRA style account capped at $15,000 with the unique option to invest in a government-subsidized savings bond. Will myRA be right for you? Check out more of the details on CNBC and Marketwatch.
See:
http://www.cnbc.com/id/101375033
http://blogs.marketwatch.com/encore/2014/01/29/meet-myra-obama-offers-ira-plan-details/