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No 401(k)? Save for Retirement in 1 of These Accounts, Instead


There's a reason 401(k) plans are so popular. Not only do they come with generous annual contribution limits, but many employers that sponsor 401(k)s also match worker contributions to some degree. That means if you participate in a 401(k), you could enjoy free money in that account.

But 401(k)s can be expensive and cumbersome to maintain, so not every employer offers them. If you don't have access to a 401(k), don't worry -- there are other ways to sock money away for retirement. Here are three options to look at.

Image source: Getty Images.

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Source Fool.com


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