If you don’t have access to a 401(k) or pension plan, you should start investing in an IRA to build your nest egg. IRAs offer tax benefits that bolster your retirement savings over time. Even if you have a company-sponsored plan, invest in an IRA to save faster. Keep in mind that the maximum you can contribute to an IRA in 2025 is $7,000 a year.Many government employers offer a traditional pension plan rather than a 401(k) plan. If your employer offers a pension plan, find out if you’re covered. You can ask ...