IRA vs. 401k: How to Pick the Right One Are you confused about the difference between a 401k vs IRA and wondering which one is right for you? This video explains step by step everything beginners need to know about these two powerful retirement accounts. You will learn how a 401k works, how an IRA works, and the major differences that can impact your retirement savings. We will cover contribution limits, tax benefits, investment choices, and rules that can help you make a smarter decision for yo