5 Ways to Save for Retirement Outside a 401(k)
Your workplace 401(k) plan is typically the most convenient way to begin saving for retirement. The good news is there are quite a few ways to save money for retirement without completely relying on a 401(k) plan. A traditional individual retirement account also allows you to save pre-tax dollars, and you don't pay taxes on your contributions until you withdraw the money from the account.
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