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Which is better, an IRA or 401k?
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It depends on your goals and needs. An Individual Retirement Account (IRA) offers more flexibility than a 401(k). With an IRA, you can invest in stocks and bonds, which can provide higher returns over the long term. However, with a 401(k), you are limited to investing in mutual funds and other conservative investments that may not offer as much potential for growth. Ultimately, it's important to weigh all of your options before deciding which type of retirement savings plan is best for you.