Forget 401(k)s: Here's Why IRAs Are a Much Better Choice for Your Retirement Savings.
If you're committed to saving for retirement, you have to put your money somewhere. And that somewhere probably shouldn't be a savings account, CD, or even a taxable brokerage account. You don't need the IRS coming after you for capital gains every year when you're trying your hardest to build up some retirement wealth.
Generally, savers are advised to use tax-advantaged plans for retirement savings purposes because, well, they come with tax breaks. A traditional IRA or 401(k) lets you shield some of your income from the IRS by offering tax-free contributions. A Roth IRA or 401(k) gives you tax-free investment gains and withdrawals.
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Source Fool.com