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What Do You Think Of myRA?

Wednesday, January 29, 2014 - 12:43 AM
President Obama proposed in the State of the Union address the creation of "myRA" to help people save for retirement.  What do you folks think of it?  Good deal?  I think it's great the government is helping us save money.
mustsavemoremustsavemore49 posts since
Jun 26, 2013
Rep Points: 152
1. Wednesday, January 29, 2014 - 6:36 AM
Thanks for bringing up this topic. I just published this blog post which discusses some of the details.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,611
2. Wednesday, January 29, 2014 - 9:26 AM
Would have to learn more about the program details. Taking it at face value; if the government is involved I fear this will be just another vehicle to take further control of your money and politicians can raid like they did social security. Put me in the skeptical column at this time until more information is provided.
FARFAR108 posts since
Feb 26, 2013
Rep Points: 386