A. Below is a list of 9 retirement saving tools, some are available for everyone, some has some limitations.
- 401(k) or 403(b): this is the most common one
- Solo 401(k): this is for someone with a side business.
- SEP IRA: for self employed or small business owner
- Simple IRA: for small business owners
- IRA: your contribution maybe tax deductible, depending on your income
- Roth IRA: after tax contribution, subject to income limitation