This Account Is a Great Retirement Savings Tool -- but Are You Using It That Way?

You'll often hear that it's important to save independently for retirement during your career. And that's definitely good advice.

Once you retire, you don't want to end up too reliant on Social Security, because those benefits will most likely only replace a small percentage of the income you're used to living on. As such, you'll want to bring plenty of savings with you into retirement.

Now many people are familiar with the fact that IRAs and 401(k) plans are popular retirement savings tools. But there's another account you can utilize as a means of saving for retirement -- even if that's not its sole or even primary purpose.

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Source Fool.com