I Don't Have a 401(k) and I Don't Care. Here's Why
A 401(k) can be a great retirement savings tool if you have access to one, especially if your employer matches some of your contributions. But if your company doesn't offer one, there's no need to worry. I've been saving for retirement without a 401(k) for years, and I'm doing just fine. Here's how you can do the same.
Since I'm self-employed, I don't have access to a 401(k). But I've still managed to save a lot of money over the years with my SEP IRA. This is a special type of retirement account only available to self-employed workers, and while it doesn't come with an employer match, it has other valuable benefits.
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Source Fool.com
