see yourself saving with myra [date] presented by:

See Yourself Saving with myRA[DATE]

PRESENTED BY:

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There’s a New Way to Save

The U.S. Department of the Treasury is introducing myRASM (my Retirement Account) to help people save for retirement.

myRA | my Retirement Account | U.S. Department of the Treasury

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You Know You Want to Save, Now You Can

myRA is simple, safe and affordable, so it can help you:• Take a step toward a more secure retirement• Take more control of your future• Get started saving• Develop a savings habit• Gain peace of mind knowing you’re taking a big step in the right direction


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What exactly is myRA?


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myRA is Simple

Your contributions are made automatically every payday

If you change jobs, the account stays with you

Withdraw the money you put into your account at any time without paying tax and penalty

Withdraw interest you earn without paying tax and penalty under certain conditions*

*Withdraw interest earned without tax and penalty five years after your first contribution if you are over age 59 ½ or meet certain other conditions, such as using the funds for the purchase of your first home.


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myRA is Safe

myRA will not go down in value

The investment is backed by the U.S. Treasury

Your information is private and secure


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myRA is Affordable

It costs you nothing to open an account

You pay no fees for maintenance of the account

You contribute an amount you choose every payday ($2, $20, $200 – whatever fits your budget)*

You can enjoy the tax advantages this type of investment brings*

*Annual and lifetime contribution limits and annual earned income limits apply, as do conditions for tax-free withdrawal of interest. Limits listed are for 2014 and may be adjusted annually for cost-of-living increases. To learn about key features of a Roth IRA and for other requirements and details, see myRA.treasury.gov.


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Is myRA right for me?


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myRA Could be a Good Option if…

• You want to start saving for retirement

• You don’t have access to a retirement savings plan through your job

• You earn an annual income of less than $129,000 as an individual or $191,000 for married couples filing jointly*


*Annual and lifetime contribution limits and annual earned income limits apply, as do conditions for tax-free withdrawal of interest. Limits listed are for 2014 and may be adjusted annually for cost-of-living increases. To learn about key features of a Roth IRA and for other requirements and details, see myRA.treasury.gov.

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myRA is Risk-Free

myRA will not lose value

Your money is invested in a new type of U.S. Treasury security designed to grow safely as long as you have it

Your myRA will earn interest at the same rate as investments in the government securities fund available to federal employees*

*Average annual return of 3.39% over the 10-year period from December 2003-December 2013


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myRA Offers Flexibility

myRA is a Roth IRA*, a popular retirement savings tool, which gives you certain tax advantages• You can access the money you contribute without paying tax and penalty at any

time

To continue to grow your savings, transfer (roll over) your myRA into a private-sector Roth IRA at any time• Your myRA account can have a maximum balance of $15,000, or a lower

balance for up to 30 years, and when either of those limits is reached savings will be rolled over into a private-sector Roth IRA

• The U.S. Treasury will be providing more information about rollover to the private sector

*For more information on Roth IRA go to myRA.treasury.gov


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How can I start saving with myRA?


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Become a Saver – It’s Easy

There are three simple steps:1. Sign up at myRA.treasury.gov

2. Submit your direct deposit authorization form to your employer (print online when you set up your account or use the one you get with your welcome packet later)

3. Watch your savings grow – your contributions will be made automatically each payday


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Here’s What You Need

To sign up, you will need your:• Social Security number

• Driver’s license or state ID

• Home address

• The name, birthday and address of your beneficiary (the person you choose to inherit the account)


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Get Ready to Start Saving

For more information,

visit myRA.treasury.gov

or call the myRA Customer Support Center at

855-406-6972 or TTY/TDD 855-408-6972 or International 1-414-365-9616


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Questions?


see yourself saving with myra [date] presented by:

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