• SOURCE: myRA

Making The Most Of Your Tax Return

ID

425975

Description
Audio Package, .mp3
Transcript
ANCHOR LEAD: Last year, 73% of federal tax return filers received refunds averaging over $2,500, but few chose to use their refunds to boost long-term savings. Brian Osuch has more on a new way to save. (:60) SCRIPT: Newsbreak, I’m Brian Osuch. With tax time approaching, many are already planning what to do with their refunds. Mark Iwry from the U.S. Treasury says the smart suggestion is to save with a new, easy retirement savings account. CUT: (Iwry) Within a few minutes, you can open up a myRA account – a Roth IRA invested in a U.S. savings bond – in which you can save and start a lifetime habit. SCRIPT: myRA is a simple, safe and affordable savings option for those who lack access to workplace sponsored retirement savings plans. CUT: (Iwry) The people who ought to be considering signing up for a myRA account are folks who are not eligible for an employer-sponsored 401K or an employer-sponsored pension. People who are not already saving for retirement and that’s a very large portion of our population. SCRIPT: For more information, visit myRa.gov. That’s Newsbreak for myRA. I’m Brian Osuch.
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