This Retirement Savings Plan Is Off the Table for Me -- but You Should Take Advantage of It

As someone who writes about planning for retirement pretty often, I'm well aware that Social Security won't provide enough income for me to cover my expenses. Rather, it's on me to save for retirement so I'm able to tackle my bills without worry.

To this end, I've always made a point to sock money away in a tax-advantaged retirement plan. When I got my first job out of college, I signed up for my company's 401(k) plan. When I started freelancing, I opened an IRA. And now, I put money into a solo 401(k), which comes with higher contribution limits.

But there's one retirement plan I've never been eligible to participate in. And that's a real bummer because it's a plan that's loaded with benefits.

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Source Fool.com