Obama Orders Creation of ‘MyRA’ Savings Accounts
Jamie Patrick Hopkins
Making good on a State of the Union address promise, President Obama on Wednesday ordered the creation of new employer-sponsored savings accounts intended to help more people get started saving for retirement.
The plan, announced on Tuesday night, was in keeping with his theme of providing financial relief to the middle class to try to bridge what is widely acknowledged as a growing income equality gap.
Siegel Bernard, Tara, "Obama Orders Creation of ‘MyRA’ Savings Accounts" (2014). In the News. 16.