Saving for Retirement Is Now More Convenient for More Workers

The U.S. Department of the Treasury has developed the “myRA” (my Retirement Account), a new type of Roth IRA that is a simple, safe, and affordable savings program for individuals and their employers. The accounts are backed by the U.S. Treasury and they carry no risk of losing money. The product is most likely to be of interest to individuals who do not have a retirement savings plan at their workplace. To learn more, go to myra.treasury.gov or call toll-free 1-855-406-6972.