re: If social security is doing so great why do we now need myRA?

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myRA is only for workers is without access to a retirement plan at work and earn less than $129,000 per year (less than $191,000 per year if you’re a married couple filing jointly)

You can keep saving money in your myRA for 30 years or until you’ve saved $15,000, and when either of those limits is reached, your savings will be rolled over to a private-sector Roth IRA* where you can keep saving. You can also choose to roll over your myRA to the private sector at any time.

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