Comment on The Motley Fool: Meet MyRA

The Motley Fool: Meet MyRA

A: "MyRA" is short for My Retirement Account, and it's designed to help workers whose employers don't offer retirement accounts such as 401(k)s. The accounts will charge no fees, and employers will not have to administer them or make matching contributions. Unlike many retirement accounts, MyRA accounts will be protected from market losses and backed by the U.S.

 

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