maximum annual contribution is $5,500, including any Roth and Traditional IRA contributions. When a myRA account reaches either $15,000 in value or 30 years of age (whichever comes first), it will roll into a private-sector retirement account. The initial investment can be as low as $25, and one can make periodic investments for as little as $5 every time one gets paid. There was no cost to open a new account, and ongoing automatic payroll deductions to fund a myRA can be any amount. The only investment option was the G Fund of government securities in the Thrift Savings Plan for Federal and US Military employees. Households making under $191,000 a year could open a myRA account, and invest with variable interest rates similar to the Thrift Savings Plan. Employers will not contribute to or administer employees' accounts; they will only facilitate the setup of employees' payroll direct deposits. Response A 2014 survey found that 78 percent of Millennials would enroll in a myRA if eligible. An analysis by Wyatt Investment Research concluded that, while the myRA wasn't perfect, "anything that gets millions of people to start saving for retirement has to be a good thing." The myRA has been skeptically received by retirement planning professionals due to the low returns it will offer. CNBC has noted that "overcoming the traditional IRA $1,000 minimum may not be just one of the reasons for low-income workers to invest in a myRA—it may be the only reason." John Wasik of Forbes characterized the myRA as "a decent idea, but not needed," noting that all of the benefits of the myRA were already available through other investment vehicles and lamenting the lack of hedge against inflation that can devalue government treasuries. An article on The Motley Fool described the plan as "better than nothing -- but worse than most", in particular criticizing the lack of investment options (only the Government Securities Fund of the Thrift Savings Plan), low rate of return (about 2-3% annually vs. the benchmark S&P 500 which has average annual growth of about 10%), and $15,000 cap after which the myRa account stops accumulating interest. Some on the political left have criticized the myRA for feeding "risky IRA-style investment accounts that divert savings into the stock market." An editorial by Jessie Myerson on Mediaite, meanwhile, blasted the myRA as something that "unnecessarily skims off of workers' wages so money managers