Taxation
President Orders Creation of MyRA Savings Accounts via Executive Order
- February 3, 2014
- By Allen & Gooch
Last week, in his State of the Union address, President Obama called for the creation of personal savings accounts called MyRAs. These accounts are intended for people without employer-sponsored savings plans and will operate in a similar way to Roth IRA’s, including the advantageous tax treatment. According to a recent New York Times article by Tara […]