myRA is a retirement savings plan that can be used by veterans and service members. myRA is designed for workers who do not have access to retirement savings plans at work, or who lack other options to save. It costs nothing to open an account, and there are no fees. Your myRA funds are invested in a U.S. Treasury savings bond that earns interest at the same rate as investments in the Government Securities Fund available to federal employees. myRA also has certain tax advantages. For more information, read the VA VAntage Point Blog and visit the myRA website, or call 855-406-6972 to speak with a myRA representative.
For more on military retirement, visit the Military.com Military Retirement section.