Choosing the right home for your retirement savings is just as important as saving for retirement in the first place. Your retirement plan dictates how much you can contribute annually, how it's taxed, how withdrawals work, and even what you can invest in and how much you pay in fees.

To help you decide which retirement plans work best for your savings needs, consider the following options. We’ll cover employer-sponsored plans, individual retirement accounts, and plans for self-employed individuals and small business owners.