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Watch your savings grow

How much can you save? Try these calculators!

Each month, I can save

myRA is a starter account for retirement savings. You may accumulate up to $15,000 in savings in your myRA account before transitioning to a private-sector Roth IRA provider, where you can continue to grow your savings through contributions and earnings from other investments. The myRA Savings Goal calculator reflects this $15,000 limit, as well as a 30-year limit that is specific to myRA. The calculators on this site are for demonstration purposes only and actual results will differ. All of the calculators use an annual interest rate assumption of 2.5%. This rate will not be the same as the actual interest rate for myRA during any particular period and, for calculators that show earnings after transitioning to a private-sector Roth IRA provider, will not be the same as the actual private-sector returns.

myRA is part of a larger savings journey

Learn more about how myRA can fit into your long-term retirement savings strategy.

Last updated 11/02/2015