A. If you work for an employer with less than 100 employees, the chance is high that there is no workplace 401(k) plan for employees. If this is the case, there are two typical options to save for retirement:
a. Traditional IRA
If an employer does not offer a retirement plan or pension, you can contribute to a traditional IRA that is tax deductible.
b. Roth IRA
Roth IRA contribution is not tax deductible, but all earnings are tax free.
The only problem for either Traditional IRA or Roth IRA is that they are not as generous as those employer-sponsored retirement plans - annual maximum contribution is only $5,500 in a traditional IRA or Roth IRA in 2017 ($6,500 if you are 50 or older).