What Is a Roth IRA and How Does It Work? (Beginner Guide 2026)
A Roth IRA lets your retirement savings grow tax-free. Here’s how it works, who qualifies, and how it compares to a 401(k) — in plain English. If you’ve ever read about retirement accounts and felt like you needed a finance degree to…
What Is a 401(k) and How Does It Work? (Beginner Guide)
Key Takeaways A 401(k) is a tax-advantaged retirement account offered by US employers. Contributions reduce your taxable income today — you pay tax when you withdraw in retirement. In 2026, you can contribute up to $23,500 per year ($31,000 if…