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Finance / Saving Money

Which is Better: an IRA or a 401K?

Entreprenuer Network partner Mark Kohler breaks down the pros and cons of a 401K and IRA.
- VIP Contributor
Author, Attorney and CPA
2 min read
Opinions expressed by Entrepreneur contributors are their own.

Entrepreneur Network partner Mark Kohler is often asked about 401Ks and IRAs. Specifically, he's asked which is better.

The answer is more complex and less satisfying than you'd hope, but about what you should expect: They both have their advantages and disadvantages. For example, if you want to put away a lot of money, then a 401K might be better. If you're looking to make a smaller investment, though, then you might want an IRA.

Click play to watch Kohler break down all the pros and cons for both options.

Watch more videos from Mark J. Kohler on his YouTube channel.

Related: How to Protect Your Assets in Every Situation

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