No. of Recommendations: 3
The President called for Congress to enact better programs. It sounds as if this one is not limited to govt employees, but initially will be offered to govt contractors.

This is apparently the first offer of this govt guaranteed fund to non-govt employees.

It would seem that the people who are eligible for this plan would be better off to do a Roth IRA instead. But this one may appeal to those who are risk averse, who fear stock market crashes, and perhaps have never participated in the preference plans before. The $25 minimum and govt guarantee could be attractive to them.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.