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Obama's myRA accounts come up short for savers
Obama's myRA accounts come up short for savers

President Obama's legacy will probably not include retirement savings accounts, but he did point the way to a promising option this year: a government-sponsored account, aimed at the millions of workers without access to an employer plan. As with so much else in his presidency, it's an example of high hopes trumped by mediocre execution. The Obama creation does have some positives, starting with the clever name. It's called myRA, shorthand for “my Retirement Account.” A lot snappier than 401(k) or 403(b). Here's what's good about myRA, what's not so good and how it could have been so much better — for retirees, for the Treasury, for the...

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