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myRA intranet content
Information on myRA® you can use to post to an internal company website.
myRA® makes saving for retirement easy Do you want to save for retirement, but haven’t found an easy way to get started? [I/We] have good news. [Name of company] is helping our employees save with myRA — a retirement savings account developed by the U.S. Department of the Treasury that’s simple, safe, and affordable. There are no hassles, no fees, and no hidden costs. myRA could be a good option for you to consider. To learn more and sign up, go to myRA.gov. myRA is an easy way to put your money to work – and a great way to take control of your future, whether you can save $2, $20, or $200 at a time. Every bit helps, and myRA lets you get into a savings habit that will grow with you. You’ll feel better today and be that much more secure when you retire. You can fund your account in several ways. You can set up automatic contributions from your paycheck. Or, you can contribute from your checking, savings, or other personal account. You can also direct all or part of your federal tax refund to your myRA when you file your taxes. What makes myRA different? myRA is a Roth IRA¹ that’s specifically designed by the U.S. Treasury to help people start saving or add to their retirement savings at whatever level works for them. myRA is: Simple • Set up automatic contributions • If you change jobs, the account stays with you • Withdraw the money you put in without tax and penalty² Safe • No risk of losing money • The investment is backed by the U.S. Treasury • Your account safely earns interest² Affordable • No cost to open and no fees • You choose how much to save ($2, $20, $200 – whatever fits your budget)¹ • Enjoy the tax advantages this type of investment brings¹ Don’t wait to start taking more control of your future. Go to myRA.gov to learn more and sign up in just three simple steps. Questions? [Name/email/phone extension] in [department] can assist you with your questions and help set up your myRA account. In addition, myRA customer support is available to help with account maintenance or other questions at 855-406-6972 or TTY/TDD 855-408-6972 or International 1-414-365-9616. You can also send an e-mail to myRA@treasury.gov. ¹Annual and lifetime contribution limits and annual earned income limits apply, as do conditions for tax-free withdrawal of interest. Limits listed are for 2016 and may be adjusted annually for cost-of-living increases. To learn about key features of a Roth IRA and for other requirements and details, see myRA.gov/roth-ira. ²Withdraw interest earned without tax and penalty five years after your first contribution if you are over age 59 ½ or meet certain other conditions, such as using the funds for the purchase of your first home. Accounts earn interest at the same rate as investments in the Government Securities Fund, which earned 1.82 percent in 2016 and had an average annual return of 2.63 percent over the ten-year period ending December 2016.
Last updated 03/20/2017