The United States Treasury has designed a new retirement savings option that makes it easy for you to participate, with no minimums, fees or risky investments. myRA (my Retirement Account) is a new retirement savings program that helps you take control over your future.
myRA: A New Way to Save
myRA (my Retirement Account) is a new retirement savings program that helps you take control over your future.
myRA is a simple, safe and affordable retirement account created by the United States Department of the Treasury for the millions of Americans who face barriers to saving for retirement.
Simple
- Contribute automatically every payday
- If you change jobs, the account stays with you
- Withdraw the money you put into your account at any time without paying tax and penalty
- Withdraw interest you earn without paying tax and penalty under certain conditions
Safe
- myRA will not go down in value
- The investment is backed by the United States Treasury
- Your information is private and secure
Affordable
- It costs you nothing to open an account
- You pay no fees for maintenance of the account
- You contribute as much as you choose every payday ($2, $20, $200 — whatever fits your budget!)
- Enjoy the tax advantages this type of investment brings. Learn more about the key features and details of a Roth IRA here.
For more information, please visit https://myra.treasury.gov
