5 Things You Can Do With an IRA That You Can’t With a 401(K) Landing page

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5 Things You Can Do With an IRA That You Can’t With a 401(K)

IRA or 401(k)? Know the key differences between these two popular retirement plans to ensure you are saving in the right account. For some people, IRAs are better, while others will benefit more from a 401(k).

You'll Learn:

Individual retirement accounts (IRAs) and 401(k)s share a lot of similarities. They are both retirement plans, can help you lower your tax bill today, provide tax-deferred growth, and help provide an income source in retirement.

But there are also many differences between IRAs and 401(k)s. Some are relatively benign and probably won’t impact you very much, but other differences can make one type of account far superior to the other in particular situations. We explore ﬁve things you can do with an IRA that you can’t with a 401(k).

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