IRAs are a great way to save for retirement

It is always possible to open an individual retirement account (IRA) 

if your employer does not offer a 401k plan. 

The downside of an IRA is that employers do not match contributions.

As a result of the stricter limits on IRA contributions, 

these accounts are not as popular.

In comparison, the maximum contribution for 401ks is $19,500, 

While the maximum IRA contribution is $6,000 for individuals under 50.

It should be noted, however, that IRAs offer some advantages over 401ks, 

including a broader range of investment choices.

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