this-sleazy-and-totally-illegal-savings-scheme-may-be-the-future-of-retirement

6/12/2016

This Washington Post article discusses a controversial retirement savings scheme known as the "myRA" program introduced by the Obama administration. The article highlights how this program, aimed at low- and middle-income earners, allows individuals to save for retirement through payroll deductions into a government-run Roth IRA. It explores the criticisms and concerns surrounding the program, including the lack of transparency and potential for political manipulation. The article suggests that while the myRA program addresses the need to increase retirement savings, it also raises questions about the role of government in managing retirement accounts and the potential risks involved.

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