As employers try to figure out how best to prepare their workforces for retirement, experts in the benefits and investment industries recommend that an individual retirement account either the traditional or Roth version can be a good complement or standalone option for an employees retirement path.
The 40-year-old IRA, a retirement product first introduced by Congress following enactment of the Employee Retirement Income Security Act, has grown to represent almost one-quarter of the countrys retirement assets. But the Employee Benefit Research Institute finds 21% of traditional and Roth IRA accounts saw withdrawals in 2012.
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