New small business retirement plan – Gov sponsored
Earlier this week, CBS News reported on a government sponsored retirement plan for small business. Here are some of the details:
- Do you have a retirement program currently at work?
- Are you confident in selecting an IRA with a financial institution?
- Do you feel confident in choosing an investment plan on your own?
- Would you take advantage of an IRA of your own choosing?
If you said no to any of these questions, small businesses can now set up a program to get started. The program is called myRA. You are investing in government back securities. There are other rules and restrictions. I think it is a positive move for many people at small businesses who don’t have a retirement program.
For more details, visit this article: http://www.cbsnews.com/news/myra-is-this-the-cure-for-americas-retirement-ills/
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