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For use in communications with tax filers

Put your tax refund to work. Invest in your future with myRA.

This tax season, kick start your savings with myRA®, a starter retirement savings account created by the U.S. Department of the Treasury. Simply open a myRA account, and start saving using all or part of your tax refund. You can also set up automatic payments from your paycheck or a personal checking or savings account.

myRA makes saving simple, safe, and affordable. It costs nothing to open an account, there are no fees or minimums, and there's no risk of losing money. And, in case of an emergency, you can access the money you put into your myRA account without paying tax or penalty.

Save more, pay less on your taxes
Did you know that when you save with myRA, you may qualify for the Saver’s Tax Credit, which could lower your tax bill or increase your refund next year? Ask a tax preparer if you are eligible to claim this credit. Learn more at

Even more reasons to save
The SaveYourRefund campaign is back! Offered by Commonwealth and America Saves, the SaveYourRefund campaign provides fun and exciting incentives for Americans to save at tax time. By splitting and saving portions of their refunds, SaveYourRefund entrants have a chance to win one of 100 cash prizes and enter a photo contest to win the $25,000 grand prize. Learn more at

Tax season is a great time to start saving for your future. Take the first step today by opening a myRA account at or by calling 855-406-6972. Note your myRA account and routing numbers. You’ll need them in order to direct your refund into your myRA.

Last updated 12/15/2016