[Leaning Right]

Isn't the MyRA just like a Roth IRA? Same contribution levels, same tax treatment?

I can see only two differences. I recall reading somewhere that there are no management fees associated with the MyRA. How can that be? Someone somewhere must be paid to keep the records, buy the shares, etc.

And the other difference is that the MyRA only has one investment option, T-bonds. That might be okay for a risk-adverse person in retirement. But it's foolish for anyone else.

Am I seeing this right?

[Vigilanteman]

My take as well. But there are a number of institutions which will open Roth IRAs for you and not take fees. You have to shop around. The one I am with let me open one for $100 and has never deducted a fee. I can leave the money there earning 0.75% or open a share builder account which allows me to invest in anything sold on the market.

Anyone interested in the name of the company can FreepMail me. Send me your name and e-mail and I'll even send you a referral link which will earn you a little extra, but that's optional, not required.

[X-spurt]

Nobama doesn’t really figure any of his “low info” supporters will actually save a dime, its 100% BS to make em think its special and just for them.