Saving for retirement is hard enough when money is tight. It’s even harder when you work for a company that doesn’t offer a 401(k), or when most of your income comes from freelancing, consulting or side gigs. In those situations, many workers default to saving in an IRA — or skip saving altogether. The problem is that IRA contribution limits are relatively low. For 2025, most workers can contribute only $7,000, or $8,000 if you’re 50 or older (1). That may not be enough to build a serious retirement fund, ...