IRA Introduction - Roth, Self Directed, 401k
Individual Retirement Accounts (IRAs)
The problems that exist today which threaten the financial security of retired Americans face the self-employed as much as they do those who work in a company. However, 401k plans are available only to those who work in a company that actually participates in the 401k program. The only real alternative is an Individual Retirement Account (IRA). Sponsored by the U.S. government, it functions in a very similar manner to a 401k Retirement Plan. However, it is available to any American with enough money to contribute, as well as being subject to a few other eligibility rules.