3 Alternatives to Saving for Retirement in a 401(k)
<p>Not everyone has access to a 401(k) account. Luckily, you can still save for retirement through a variety of tax-advantaged vehicles that enable you to build long-term wealth.</p>
<p>For example, you can open what’s known as an individual retirement account (IRA) from a number of financial firms. Furthermore, there are even two very distinct types of IRA plans that both offer distinct tax advantages. Depending on your personal circumstances, one option might be better than the other.</p>
<p>As an alternative to a traditional retirement account, you can also set aside money to cover your health care costs in your golden years by opening a health savings account (HSA).</p>
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