Obama's Odd myRA Proposal
March 5, 2014
7 min
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1,863 of 4,836
March 5, 2014
Obama's Odd myRA Proposal
0:00 / 7:02
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7:02This episodeObama's Odd myRA Proposal
Summary
The President’s 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’t provide that break and, says Jagadeesh Gokhale, that makes it an inapt savings vehicle for people with low incomes.<hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>
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