哪个更好:IRA或401K?Entreprenuer Network partner Mark Kohler breaks down the pros and cons of a 401K and IRA.

ByMark J. Kohler

Opinions expressed by Entrepreneur contributors are their own.

狗万官方企业家网络partner Mark Kohler is often asked about 401Ks and IRAs. Specifically, he's asked which is better.

The answer is more complex and less satisfying than you'd hope, but about what you should expect: They both have their advantages and disadvantages. For example, if you want to put away a lot of money, then a 401K might be better. If you're looking to make a smaller investment, though, then you might want an IRA.

Click play to watch Kohler break down all the pros and cons for both options.

Watch more videos fromMark J. Kohler on his YouTube channel.

Related:How to Protect Your Assets in Every Situation

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Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney and CPA

Mark J. Kohler is a CPA, attorney, co-host of the podcastsMain Street BusinessandDirected IRA Podcastand a senior partner at both the law firm KKOS Lawyers and the accounting firm K&E CPAs. He is also a co-founder of Directed IRA Trust Company. He is the author ofThe Tax and Legal Playbook, 2nd EditionandThe Business Owner's Guide to Financial Freedom.

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