What is the Difference Between a 401k and an IRA?
Walkner Condon Financial Advisors
AUGUST 13, 2022
A 401(k) is a qualified retirement plan that is sponsored by an employer. It allows employees to deduct a portion of their salary and put it into an account that is invested for their retirement. Both 401(k)s and IRAs are Tax-Advantageous Accounts. Before highlighting a few differences, let’s chat about the why.
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