Treasury Department to wind down Obama-era myRA retirement program
The program, which was aimed at workers with no employer-sponsored retirement plan and little money to invest, suffered from low demand and high costs
The government has decided to wind down the myRA program, an Obama-era initiative aimed at small retirement savers.
The Treasury Department cited cost as the reason to end the myRA program. "Demand for and investment in the myRA program has been extremely low," it said in a statement. "American ta
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