What is a myRA?

If you are not saving enough for your retirement, the government wants to help you. The myRa retirement savings plan is now open. Here is how it works:
You can contribute a maximum of $5500/year; you cannot exceed a max balance of more than $15,000. Once you exceed $15,000 you must roll your account over to a private sector Roth IRA.
The deposits must go into US Treasury securities. These securities average a 3% interest rate.
Household incomes cannot exceed $191,000 for married couples, $129,000 for an individual.

So if you want to supplement your current retirement savings plan – talk to Uncle Sam – he wants to help you.

disclosures:http://www.hechteffect.net/?page_id=31