
Funding your 401k vs. an IRA - Five Questions to Ask
Many workers have access to both a 401(k) and an IRA and the question comes up “which one should I fund?” While the answer is often nuanced (like everything financial planning) and will not be the same for everyone, understanding some of the basic differences and pros and cons of each account can help you sort it out. Asking yourself these five questions can help you determine where your next dollar of retirement savings should go.