News & Analysis as of

MyRA Internal Revenue Service

Best Best & Krieger LLP

U.S. Department of Treasury Directed to Create "myRA"

New Retirement Savings Account Aimed at those Without Access to Such Plans Through Their Employer - President Obama announced in his State of the Union address that he would be ordering the Department of the Treasury...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

MyRA: A nice idea, but it won’t become popular

Regardless of which side of the political aisle created it, I like any product or plan that allows rank and file employees to save for retirement. President Obama made good on his State of the Union speech promise by...more

Partridge Snow & Hahn LLP

President’s New “MyRA” Initiative: the Good, the Bad, and the Unknown

In the State of the Union Address, President Obama announced that he has directed the IRS, through executive action, to create a new savings vehicle called “MyRA” (pronounced like “IRA”). While details are scarce, it appears...more

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