On October 23, 2015, Aspen FSP submitted public comments to the U.S. Treasury Department regarding the myRA program, a no-fee retirement account invested in savings bonds and available to all Americans. Specifically, Aspen FSP provided feedback on how best to transfer myRA account balances to private sector Roth IRAs in the event that the myRA saver reaches the Transfer Threshold of $15,000 or 30 years of participation without having specified a preferred private sector provider.
Comment Letter: Process for Transferring myRA Account Balances to Private Sector Roth IRAs
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