PRC In the News

Finally, a retirement plan friendly to smaller savers?

Under the president’s plan, myRA retirement accounts would be available to U.S. workers who don’t have access to a 401(k) plan.

PRC In the News
02/03/14|CBS MoneyWatch

How could myRA and other proposals help with your retirement?

The U.S. retirement system isn’t working for millions of American workers. They need more help in preparing for a secure retirement.

PRC In the News
02/01/14|San Francisco Chronicle

MyRA for workers whose employers don’t offer retirement plan

President Obama said last week he will add to the panoply of retirement accounts a new one aimed at workers whose employers don’t offer a workplace plan.

PRC In the News
02/01/14|Pittsburgh Tribune-Review

Experts split on value of Obama’s new ‘myRA’ retirement account plan

President Obama’s plan to address tough issues facing workers with little or no retirement savings may have issues of its own.

PRC In the News

Hello, myRA: Retirement Savings for Beginners

A new acronym has been added to the lexicon of savings and retirement plans – the myRA. That stands for My Retirement Account and is a twist on the well-known IRA or Individual Retirement Account.

PRC In the News
01/30/14|Washington Post

Obama’s MyRA program seen as a modest first step to get people saving for retirement

President Obama’s plan to create retirement accounts for workers who do not have that option on the job represents a tiny first step toward addressing the increasingly urgent problem of Americans who do not save enough for old age, analysts say.

PRC In the News

myRA retirement plans, explained [audio]

President Obama unveiled the new “MyRA” plans in his State of the Union speech last night. He stumbled a bit over the name, and there’s still some confusion about what they’ll be called — some of the folks we talked to are pronouncing it “Myra,” like the name. But the idea behind the accounts is […]

PRC In the News

Treasury to pick manager for Obama myRA retirement program

President Barack Obama’s new “myRA” retirement savings program will be run by a private-sector money management firm chosen by the U.S. Treasury Department from a field of up to 30 firms, a senior administration official said on Wednesday.

PRC In the News
01/29/14|AARP Bulletin

Obama’s MyRA Gets Early Go Ahead

President Barack Obama is moving quickly to make good on his pledge to create a new “starter” savings program for workers without a retirement plan on the job.