IN THIS PART …

Deciding on a place to open an individual retirement arrangement account, or IRA, and watching your money grow tax free.

Checking the upsides and downsides of Roth IRAs. You pay tax up-front when you invest your money, but you can take money out when you want to with few or no penalties.

Moving money from one retirement account to another is called rolling it over. It’s not very tricky to take your money from a 401(k) and move it to an IRA — you just have to know how to make the move safely for your tax health.