An IRA (Investment Retirement Account) is your way of directing your 401K money. If you are still working for a company it is difficult to go the IRA LLC route as you are participating in their 401K offering where you pretty much have to use their program as they also contribute into your 401K. However if you have left the company all the 401K money that you have in the fund can be redirected either into a new company's 401K program or you can self direct it and manage it yourself. I originally had mine in a fidelity IRA account after leaving my job, but when I saw what was happening in the stock market and all of the Woke companies that i did not want to invest in, I found out about the IRA LLC account and moved my money there. I love it as my portfolio has increased (not decreased like most still invested in the stock market.) I invested in land in Idaho which has gone up in value by 50% as everyone is fleeing the liberal states for conservative states. Of course I am sure that Biden's puppet masters will try and figure out a way to nix the program, which they tried with the Build Back Better program. They actually had a provision to eliminate the IRA LLC Program, but it did not make it. I am sure they will try again though, but the way things are going maybe not.