Consumer Reports Money Adviser Says Aging Baby Boomers Should Consider Roth IRA Accounts Over 401k Plans

Consumers have all been told to "max out" their 401k plans to amass money for retirement. But, research done by Consumer Reports Money Adviser, the personal finance newsletter published by the editors of Consumer Reports and Boston University economist Lawrence Kotlikoff, Roth IRA accounts could be a better choice over 401k plans for most Americans planning to retire soon. Aging consumers sticking religiously to their 401k could actually be decreasing their spending power upon retirement.

Consumer Reports Money Adviser Says Aging Baby Boomers Should Consider Roth IRA Accounts Over 401k Plans
Source: Insurance News Net