The 1 Retirement Benefit You Can Only Get With a Roth IRA
It's important to sock money away for retirement so you have enough income to cover your expenses. Without savings, you might struggle to pay your bills as a senior.
Now when it comes to finding a home for your savings, you have choices. There are IRA and 401(k)s, each of which comes in the traditional and Roth variety.
Different plans have different benefits. Employer-sponsored 401(k)s beat out IRAs in the fact that they tend to come with company matching dollars and also offer much higher annual contribution limits. Meanwhile, IRAs have the advantage of letting savers invest their money in individual stocks, whereas 401(k) plans will typically limit you to funds only.
Source Fool.com
