Why Employees Should Have an IRA Separate From Their Work 401(k)

Doubling up retirement plans adds some complexity, but it could be worth it

Having an IRA in tandem with a company plan can add complexity, but there are potential benefits. Alex Nabaum

Employer-sponsored retirement plans such as 401(k)s are often an effective way for working people to save, particularly those who prefer not to manage a long-term investment strategy.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Next in Journal Reports: Investing Monthly

Journal Reports: Investing Monthly
Large-Cap Growth Funds Dominate
By William Power
June 3, 2023 at 4:00 PM ET

The technology-stock rally has boosted the funds to a nearly 20% gain so far this year.

More Journal Reports: Investing Monthly Articles

Sponsored Offers