An on-camera interview with Senior Vice President Laurie Siebert, CPA, CFP®, AEP® with Channel 69 News for her reaction on President Obama’s executive order to create “MyRA”
Laurie Siebert, Valley National CPA and certified financial adviser, said the plan is a good idea for people who are just starting to save but want to be ready for retirement. “Social Security is definitely not going to be enough to live on, so we have to change that mindset,” said Siebert. Siebert said the only risk is that savings bonds only offer 0.1 percent interest. She said some other financial vehicles may offer more return, but may be subject to fees and, in some cases, market fluctuations.