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. Retirement is a time for you to enjoy life after working hard and building up your savings. But how do you ensure that your retirement money will last? The best way is to maximize your savings by choosing the right type of retirement account, such as an IRA or 401(k). Here are some tips on how to secure your retirement by maximizing your savings through these accounts. First, look into opening an Individual Retirement Account (IRA) if you're self-employed or don't have access to employer-sponsored plans like a 401(k). IRAs offer tax advantages and can be tailored to meet individual needs based on age, income level, investment goals, and more. Additionally, there are several different types of IRAs available depending on what suits you best – traditional IRAs provide tax deductions while Roth IRAs grow tax free over time. Second, consider investing in a 401(k), which is an employer-sponsored plan where both employers and employees make contributions towards it using pre-tax dollars. Contributions made through this plan reduce taxable income each year while also providing long term growth potential for those funds saved in the account—plus any earnings generated from investments within the account are not taxed until withdrawal occurs at retirement age! This makes 401(k)s one of the most attractive options when looking for ways to save for retirement since they offer so many benefits like matching contributions from