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This tax season, there are lots of reasons to save with myRA

This tax season, help your clients save for the future with myRA®, a simple, safe, and affordable starter retirement savings account created by the U.S. Department of the Treasury. myRA is a great option for people who are looking for easy ways to save, especially if they don’t have access to retirement savings plans at work.

myRA makes saving easy. It costs nothing to open an account, there are no fees or minimums, and there's no risk of losing money. Additionally, savers can withdraw the money they put into their myRA accounts without tax or penalty, so they can access their money in case of an emergency. Learn more about myRA today.

Filers may be able to save more, pay less on their taxes
Plus, eligible tax filers who save with myRA can claim the Saver’s Tax Credit, which may lower their tax bills or increase their refunds next year.

Even more reasons to save
The SaveYourRefund campaign is back! Offered by Commonwealth and America Saves, the SaveYourRefund campaign provides 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. And it’s all to motivate Americans to save for their future.  Learn more at myRA.gov/taxpro.

Help your clients get on the path to a brighter future this tax season by helping them save with myRA. For details, check out the Guide for Tax Preparers and the other free materials that you can share with tax filers at myRA.gov/taxpro.

Last updated 11/21/2016