Oftentimes, when IRAs get discussed a lot of emphasis gets put on the tax advantages, particularly with Roth IRAs as the money gets taxed prior to entering the account (no taxes later!). However, one of the true advantages of both traditional IRAs and Roth IRAs–and something that really is probably the biggest advantage–is the portability of IRAs. They are not tied to your employer, which means you don’t have to roll them over or have to keep multiple accounts. Your IRA stays with you no matter where you work. People overlook how huge this is for those of younger generations and those still working. Long gone are the days of the majority of workers spending their whole career at one company and retiring with a pension. Nowadays, many workers may have three, four, or even more jobs at different companies throughout the course of their careers. Again, this is where the portability of an IRA is an advantage. They can contribute to their retirement funds no matter where they work, even if they are self employed. If you haven’t set up an IRA or are thinking about doing so, you should speak with a certified financial planner or wealth manager.