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The No-Brainer Retirement Account I'd Choose Way Before a 401(k)


Back in the day, workers got a corporate pension, which was given to them. You would log your years as an employee and ride off into the sunset with a cushy retirement nest egg. But times have changed; today, the onus for building a sufficient nest egg falls on the employees.

Most people associate the 401(k) with retirement. After all, roughly six in 10 employers offer one. They do have some benefits, including the fact that some employers that will match contributions up to a certain amount.

However, the popular road isn't always the best one. Consider a Roth IRA to jump-start your retirement saving before going all-in on your 401(k). It's a financial Swiss Army knife with features that make it a no-brainer. Here is what you need to know.

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Source Fool.com


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