Yes, but if you don’t like your IRA for some reason, you can also just transfer it to a different IRA. Some IRAs do invest your money into the stock market, so they can have high interest rates (and risk). All IRAs have the advantage of being fully under your own control, unlike 401k’s which are substantially controlled by your employer.
Note that you can only do one “rollover” per year, but transfers are unlimited. Whenever you move money between any of these pre-tax accounts, try to make sure it will be a “transfer”, not a rollover.
Yes, but if you don’t like your IRA for some reason, you can also just transfer it to a different IRA. Some IRAs do invest your money into the stock market, so they can have high interest rates (and risk). All IRAs have the advantage of being fully under your own control, unlike 401k’s which are substantially controlled by your employer.
Note that you can only do one “rollover” per year, but transfers are unlimited. Whenever you move money between any of these pre-tax accounts, try to make sure it will be a “transfer”, not a rollover.