Government-administered IRA programs like ours are designed to combine some of the best features of popular employer plans and IRAs. We’re helping to lower barriers that may prevent employers from offering a reliable retirement savings plan to their employees.
The program comes at no cost to the employer, unlike most 401(k) plans where the employer pays a fee. Additionally, for employees, the Roth IRA allows for greater flexibility of withdrawals than a 401(k) plan and allows you to make individual contributions separate from your paycheck into the account (as long as you do not go over the yearly limit).