Even if your employer doesn't offer a 401(k) plan, it shouldn't stop you from getting the most out of your retirement savings.
You have other tax-advantaged options available to save for the future, including individual retirement accounts, Roth IRAs or health savings accounts — all of which can help your money grow.
However, only about 11% of Americans max out their 401(k) contributions.
If you don't have an employer retirement plan like a 401(k), all of those contributions are tax deductible.
And unlike traditional IRAs, you don't have to take minimum distributions at any point.
Persons:
Roth, Justin Rucci, Roth IRAs Roth, Alyson Basso
Locations:
Newport Beach , California, Middleton , Massachusetts