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4 Ways to Save for Retirement Better Than a 401(k)


The 401(k) is popular among retirement savers -- some 60 million U.S. workers are actively stashing money into these work-based retirement accounts. Those savers benefit from the 401(k)'s usual perks, which include tax-deferred earnings growth and often, free employer-matching contributions.

These perks are great if you can accept the trade-offs. As easy as it is to save to a 401(k), the account is inflexible with respect to withdrawals. The tax structure may also be inefficient for many savers.

Fortunately, there are other ways to save for retirement besides the standard workplace retirement plan. Below are four options that may suit you better than a 401(k).

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Source Fool.com


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