You work hard — myRA makes saving easy

Who is myRA for?

myRA® is designed to make saving for retirement easy for people who need it most – workers who don’t have access to a retirement savings plan at their job or lack other options to save.

It’s simple. You take control.

• Set up automatic contributions.
• If you change jobs, the account stays with you.
• Withdraw the money you put into your account at any time without paying tax and penalty.

• It’s safe. No need to worry about your investment.

• The investment is backed by the United States Treasury.
• Your account safely earns interest*.
  *Interest earned is at the same rate as investments in the Government Securities Fund, which earned 2.31% in 2014 and an average annual return of 3.19% over the ten-year period ending December 2014.

• It’s affordable. Fits your budget with no cost or fees.

  • myRA costs nothing to open and has no fees.
  • You contribute an amount you choose ($2, $20, $200 — whatever fits your budget!)*.
  • Enjoy the tax advantages this type of investment brings. Learn more about a Roth IRA.
    *You may contribute up to $5,500 per year (or $6,500 per year for individuals 50 years of age or older at the end of the year). Annual and lifetime contribution limits and annual earned income limits apply, as do conditions for tax-free withdrawal of interest. Limits listed are for 2015 and may be adjusted annually for cost-of-living increases.
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