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Accounting Today: Obama Plans ‘MyRA’ Retirement Savings Accounts

President Obama introduced a new retirement savings vehicle that he called a “MyRA” in his State of the Union address on Tuesday evening, and the White House has followed up with more details on Wednesday about it. “Let’s do more to help Americans save for retirement,” said Obama. “Today, most workers don’t have a pension. A Social Security check often isn’t enough on its own. And while the stock market has doubled over the last five years, that doesn’t help[…]

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