How Many Retirement Accounts Should I Have?
You know you ought to save for retirement, but where you should put your savings isn't always as obvious. IRAs, HSAs, and 401(k)s are just a few of the many choices out there, and a lot of people end up with more than one of these. But there's a fine line between too few retirement accounts and too many. In this article, we'll look at how to choose where to keep your savings.
Having a single retirement account makes it easy to see what you have, but it limits your ability to invest how you want. If you keep all your savings in a 401(k), for example, then you're restricted to whatever investment options your employer makes available to you. These might be expensive, and they might not line up well with your long-term goals.
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Source Fool.com
