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Traditional IRA vs. Roth IRA: Which Is Right For You?
FYI: Perhaps the biggest single item you’ll save for is retirement. It takes a hefty amount of cash in order to make your golden years, well, golden. Many people have turned to their workplace retirement plan – such as a 401(k) – as the preferred vehicle for those savings. The problem is, a workplace plan may not be enough. Moreover, not everyone has access to a 401(k) or similar plan through their employer.
Luckily, there are ways to save more, and outside an employer’s plan.
