MyRA Act
Official title: To provide for MyRA accounts, and for other purposes.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Referred to the House Committee on Ways and Means.
Making Your Retirement Accessible Act or the MyRA Act
This bill amends the Internal Revenue Code to establish an employee retirement option known as a MyRA account. A MyRA account functions as a Roth Individual Retirement Account. An employee who elects to establish a MyRA account may contribute any portion of a tax refund or make automatic payroll contributions to the account.
The funding of MyRA accounts is limited to retirement savings bonds issued by the Department of the Treasury with a specified interest rate and maturity date.
The bill imposes a tax on any employer who fails to comply with the requirement for making direct deposits to a MyRA account of wages designated by an employee.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 3653: MyRA Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-3653/
"H.R. 3653: MyRA Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-3653/.
H.R. 3653, 115th Cong. (2026), https://openamerica.io/bill/115-HR-3653/.
[H.R. 3653: MyRA Act](https://openamerica.io/bill/115-HR-3653/)