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2017 CST

myRA retirement plan is dead. Here’s some alternatives for your funds

myRA retirement plan is dead. Here’s some alternatives for your funds The Treasury Department announced Friday that it is ending the Obama administration’s myRA program, a savings account designed to help low- and middle-income savers put money away for retirement. The myRA launched nationwide in 2015 as a spinoff of the Roth IRA. It was [...]

2017 CST

Americans are using this ‘loophole’ to save more for retirement

Americans are using this 'loophole' to save more for retirement When it comes to building your nest egg, you have more options than you may think. One such savings vehicle is only getting more and more popular: a health savings account (HSA). HSAs are designed for you to use to pay for qualifying healthcare expenses. You can [...]

2017 CST

Why you shouldn’t expect much from Social Security

Why you shouldn't expect much from Social Security Social Security provides the foundation for retirement plans for millions of Americans, but that foundation is in seriously bad shape. According to the program's own trustees: It's already spending more cash than it takes in through taxes today, By 2020, its trust funds will start depleting, and [...]