MyRA Program: Website Tools for Employers (article)
MyRA Program: Website Tools for Employers
The Treasury Department was charged to develop a new Roth IRA-type plan option for employers of any size who do not currently offer a retirement plan. This “myRA” program allows an employer to set up a payroll direct deposit process wherein participating employees make contributions to their myRA accounts (see article from January’s Benefit Beat, Are Employers Required to Offer Retirement Plans?). Recently, the Treasury Department posted additional employer resources for employee communications and tools for setting up the program including an employer guide, posters, brochures, internet banners, FAQs and other tools. For additional information, visit the myRA website (https://myra.treasury.gov/employers/).
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