401(k) vs. IRA: Which One Is Right for You?
When most people think of saving for retirement, they think about how much they need to save, how much retirement will cost, and whether they're saving enough to reach their goal. But where you put your savings can have just as much of an impact on your money as how much you're stashing away.
The two major players in the retirement account game are the 401(k) and IRA. They both have strengths and weaknesses and choosing the right one can help your savings grow faster, giving you a better shot at retiring comfortably.
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Source Fool.com