Maxed Out Your IRA? You Can Stash Even More Retirement Savings Here in 2022
IRAs are most people's best option for retirement savings if they don't have access to a workplace retirement plan, but they come with one big drawback: You're only allowed to contribute up to $6,000 in 2022 or $7,000 if you're 50 or older. That might be fine for some, but if you hoped to set aside even more money for retirement, you'll need a backup plan.
Fortunately, there may be another option available to you that offers many of the same benefits, plus a bonus tax break. Here's what you need to know.
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Source Fool.com
