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re: MyRA - Government Backed Retirement Savings Program

Posted on 1/29/14 at 9:06 am to
Posted by LSURussian
Member since Feb 2005
128384 posts
Posted on 1/29/14 at 9:06 am to
This will be a hard sell to most investors.
Posted by igoringa
South Mississippi
Member since Jun 2007
11883 posts
Posted on 1/29/14 at 9:11 am to
quote:

This will be a hard sell to most investors.


Aimed not at investors but the ignorant. Apparently not know about IRA and such means you 'don't have access' now.

Apparently have to make less than 191K to qualify and once the balance hits 15K, it gets moved to an IRA
Posted by Big Scrub TX
Member since Dec 2013
34345 posts
Posted on 1/29/14 at 10:40 pm to
quote:

This will be a hard sell to most investors.


True. But "investors" is not an apt description of your typical 401-K holder.
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