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 employee’s 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 country’s retirement assets. But the Employee Benefit Research Institute finds 21% of traditional and Roth IRA accounts saw withdrawals in 2012.

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