A 401(k) may be the most popular retirement account, but it's not your only option. There are several other retirement accounts that you can (and should) take advantage of throughout your career, each with its own benefits.

A Roth IRA, in particular, has a unique benefit with its tax break: You contribute after-tax money and then take tax-free withdrawals in retirement, as long as you're 59 1/2 years old and made your first contribution at least five years ago. This retirement savings move can easily save retirees thousands in capital gains taxes.

Image source: Getty Images.

Continue reading

Source Fool.com