The Daily Money: 401(k) or IRA? They're not the same

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Tuesday, March 9 Good morning, Daily Money subscribers, it's Nathan Bomey on this Tuesday. If you're anything like me, you're having flashbacks this week to a year ago, when the COVID-19 hysteria truly erupted in the U.S. You'll be seeing a lot more anniversary coverage in the days to come. On to our ... INSIGHT OF THE DAY: Thinking about an IRA or a 401(k)? Turns out, 401(k)s have higher contribution limits: For people under 50 years old, $19,500 per year can be contributed to a 401(k), compared with $6,000 per year to an IRA. Here's all you need to know about the differences between an IRA, a 401(k) and a Roth IRA. Now for the news ... 1. What's in the new stimulus bill? $1,400 checks for one thing. Here's everything you need to know about how it affects you. 2. Talk about backfiring. Burger King's U.K. Twitter account attempted to celebrate International Women's Day, and let's just say it didn't go well. 3. Worried about a stock market crash? Here are 5 ways to be ready.  4. Is privacy a concern for you on your smartphone? Here's what to consider. More below! --Nathan Bomey, Money reporter Here's what's in the stimulus package The stimulus package would include $1,400 stimulus checks and extend badly-needed jobless aid for millions of Americans through September. Burger King under fire for 'women belong in the... Retirement battle royale: 401(k) vs. IRA vs. Roth GameStop eyes digital shift and stock flies again Wall Street finishes mixed as tech slump offsets other... Worried about a stock market crash? 5 ways to be ready Work from home could hit these cities the most Successful investors share: Investing secrets I would... Reasons to make Roth IRA conversions early in... How do I get my stimulus lost in the mail?: Tax...   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2021 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102