IRA Versus 401(k): Which Is Better? | 401ks News2america

Both a 401(k) and an individual retirement account can be used to save for retirement. If you want to set aside funds for the future but aren’t sure which option to choose, it can be helpful to understand what’s involved with each.

When comparing these retirement accounts, you can look at:

  • Key differences between a 401(k) and an IRA.
  • What is a 401(k)?
  • 401(k) pros and cons.
  • What is an IRA?
  • IRA pros and cons.
  • Should you have a 401(k), an IRA or both?

Key Differences Between a 401(k) and an IRA

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