It’s Only Money: myRA is a pass, not an assist

in 2014, Newsmakers, School of Management, The Oregonian, Zvi Bodie
February 8th, 2014

BodieZviThe Oregonian
Zvi Bodie, School of Management

In basketball, there’s an undervalued statistic called the assist. A player earns one by passing to a teammate who’s well-enough positioned to make a quick basket.

myRA, President Obama’s new retirement savings initiative, isn’t an assist. It’s not even a lob into the paint…

Expert quote:

“Clearly the requirement to transfer the account to a private-sector account is to gain support from the financial industry.”

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