PLAY PODCASTS
Obama's Odd myRA Proposal

Obama's Odd myRA Proposal

Cato Podcast · Cato Institute

March 5, 20147m 2s

Audio is streamed directly from the publisher (sphinx.acast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

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.