myRA is Here

[ebacon]

Is it available to "savvy investors"? My understanding is that the program has an upper income limit for participants. When I read a blurb on the program it struck me as an investment plan for beginners, as in minimum wage earners. The income ceiling was pretty low as I recall.

[whell]

Originally Posted by ebacon

Is it available to "savvy investors"? My understanding is that the program has an upper income limit for participants. When I read a blurb on the program it struck me as an investment plan for beginners, as in minimum wage earners. The income ceiling was pretty low as I recall.

The plan is available to those earning less than $129,000 per year (less than $191,000 per year if for a married couple filing jointly). I don't make nearly that much, but I can balance my checkbook.

[ebacon]

Originally Posted by whell

The plan is available to those earning less than $129,000 per year (less than $191,000 per year if for a married couple filing jointly). I don't make nearly that much, but I can balance my checkbook.

That is substantially higher than I recall. CRS is setting in.