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Choosing the Best Retirement Plan for You

By Kailey Hagen – Updated Nov 19, 2024 at 4:51PM

Key Points

  • 401(k)s offer high contribution limits and the possibility of an employer match.
  • IRAs offer varied investments but have lower contribution caps.
  • Compare the benefits and drawbacks of traditional and Roth IRAs to see which offers you the greatest tax advantages.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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