This chapter explores the advantages of individual retirement accounts (IRAs) and 401(k) accounts for maximizing retirement savings, emphasizing the importance of employer matches and beneficiary designations. It discusses the benefits of actively managing contributions and the potential downsides of high costs in employer-sponsored accounts. The chapter also highlights the advantages of having both a 401(k) and an IRA for diversified investments and provides insights on choosing the best discount broker and managing fees effectively.