myRA (Legacy/Closed): Who Qualifies and What You Get

The myRA program was a retirement savings initiative that has since been discontinued.

👤Who it's for

This program is no longer active. It is not open to new participants, as the scheme was officially closed in 2017.

🎁What you get

Because the program is closed, you cannot open a new account or receive new benefits through this specific scheme. When the program ended, users were encouraged to move their existing funds into private Roth IRAs.

💰What it costs you

There is no cost to access this information, but since the program is defunct, you cannot use it to manage your savings.

⚠️The catch to know

The most important thing to remember is that this program no longer exists. Many people continue to search for it looking for retirement options, but you will not find an active account or service under this name.

📝How to apply

Since the program is closed, you cannot apply for it. If you have questions regarding old accounts, you should look into private retirement options like a Roth IRA.