Obama's Odd myRA Proposal

Published: March 5, 2014, 10:17 p.m.

b'The President\\u2019s myRA proposal aimed at helping low-income Americans save for retirement seems to have missed a key element of helping low-income people save more: the tax break provided by traditional IRAs. The myRA proposal doesn\\u2019t provide that break and, says Jagadeesh Gokhale, that makes it an inapt savings vehicle for people with low incomes.


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