About this episode
The President’s myRA proposal aimed at helping low-income Americans save for retirement seems to have missed a key element of helping low-income people save more: the tax break provided by traditional IRAs. The myRA proposal doesn’t provide that break and, says Jagadeesh Gokhale, that makes it an inapt savings vehicle for people with low incomes. Hosted on Acast. See acast.com/privacy for more information.