Examining the Advantages and Disadvantages of Holding Two Retirement Accounts: 401(k)s and IRAs - A WSJ Your Money Briefing
Having both a 401(k) and an IRA can boost your annual retirement contributions by 30%. WSJ contributor Michael Pollock joins host J.R. Whalen to discuss what savers should know about each type of account. 0:00 401(k) vs. IRA 1:46 Advantages of having two retirement accounts 2:43 Disadvantages of having two retirement accounts 3:13 Roth IRAs and roth 401(k)s 5:24 Other retirement plans Your Money Briefing WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes. For more episodes of WSJ's Your Money Briefing: #401K #IRA #WSJ... ( read more )
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In today's economy, saving for retirement is more important than ever. Many workers have the choice of investing in a 401...