Which Retirement Plan Is The Best? 
There is noretirementplan that is the best . But there are a few steps to help you arrive at a decision . The first step is to establish what your effective tax bracket is to determine if you should set up a qualified or non qualified plan . If your tax bracket is low , the deduction may not be as valuable in a qualified plan as the flexibility of a non qualified plan . You also want to assess your risk tolerance to help you select suitable investments that meet your financial profile . Another consideration is whether to set an individual plan or participate with a plan at work . Some employers match portions of your contributions , so it 's important to thoroughly examine your options . 