How Do IRAs Work?
Two major retirement plans that you may be considering would be 401k plans and IRA plans. They are both extremely similar in a lot of ways. Both plans give you a tax break on what you invest and a tax break on your money as it grows. 401ks allow you to invest more money, but IRAs give you more options. The best answer is to use an IRA in addition to whatever 401k plan you have going.