@LeeRoyExMachina @davidfowl @engineering_bae Both 401(k)s and IRAs have traditional (pre-tax contributions) and Roth (post-tax contributions) versions.

@LeeRoyExMachina @davidfowl @engineering_bae 401(k) is a retirement account setup by your employer. Contribution limits are $19,500 in 2021 and $20,500 in 2022.

An Independent Retirement Account (IRA) is a personal retirement account. Contribution limits are $6,000.