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The new myRA account is an ‘exceptionally limited” investment option

“President Obama has once again proved that his pen is mightier than Congress.  He signed a memorandum and, voila, the myRA was born,” according to Dan Weber, president of the Association of Mature American Citizens. Perhaps, Weber speculated, Mr. Obama used his presidential powers rather than asking Congress to pass a law “because the new regulation might have come under too much scrutiny by those who are actually responsible for making laws.”…Read More

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