IRAs have much lower contribution limits though. If you want tax-advantaged savings for retirement, those with access to a 401(k) have a huge advantage over tho

IRAs have much lower contribution limits though. If you want tax-advantaged savings for retirement, those with access to a 401(k) have a huge advantage over those without. I would expect as a society we want people to properly prepare for retirement, but then we make the ability to do so contingent on your particular employer.