Savings Showdown: 401(k)s vs. IRAs

Filed under: Mutual Funds, Retirement Plans, 401K, IRA, Tax Deductions

Getty ImagesWhich account will come out on top?By Maryalene LaPonsieAnything from certificates of deposit to money market accounts to an envelope under the mattress can be used for retirement savings, but 401(k)s and IRAs remain two of the most popular options. And with good reason. Both offer incentives that encourage workers to pad their retirement accounts while reducing their tax bill.With both accounts offering...

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