Program Description

my Retirement Account (myRA®) is a starter retirement savings option created by the U.S. Department of the Treasury, especially designed for those who don’t have access to a plan at work. Saving with myRA is simple, safe, and affordable:

  • No cost to open and no fees
  • No minimum balance or contribution requirements
  • No risk of losing money while safely earning interest

It’s Easy to Get Started
Open an account today at or by calling 855-406-6972. It only takes a few minutes.

General Program Requirements

A myRA is a Roth IRA with contributions invested in a single U.S. Treasury savings bond. Key Roth IRA features include the following[i]:

  • Save up to $5,500 ($6,500 if 50 or older) annually in all of your Roth and traditional IRA accounts.
  • Because your contributions are made after-tax, you can take out what you put in, if you need it, without tax or penalty.
  • Transfer or roll over your money to a private sector Roth IRA at any time. Account balances should be transferred to a private sector Roth IRA when they reach $15,000, or after 30 years.
  • Income limits apply. You can contribute to a Roth IRA if in 2016 you earned below $132,000 ($133,000 for 2017) if single, and $194,000 ($196,000 for 2017) if married filing jointly.

[i] Annual and lifetime contribution limits and annual earned income limits apply, as do conditions for tax-free withdrawal of interest. To learn about key features of a Roth IRA and for other requirements and details, visit

Your Next Steps

The following information will lead you to the next steps to apply for this program.

Application Process

You can open an account at no cost and in a matter of minutes by going to There are three simple steps to saving with myRA:

  1. Open a myRA account at
  2. Fund the account from a paycheck, checking or savings account, or federal tax refund
  3. Access the account online to view savings and manage the account

myRA customer support can also assist individuals with this process at 855-406-6972 or TTY/TDD 855-408-6972 or International 1-414-365-9616.

Program Contact Information

To learn more go to  or call customer support at 1-855-406-6972 or email

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