What Do I Do After Maxing Out My 401(k) and IRA?

Reaching your 401(k) and IRA limits opens the door to other tax-smart wealth-building strategies. Cagkan Sayin/ShutterstockIf you’ve maxed out your 401(k) and IRA, there are still further ways to continue amplifying your retirement savings.Your financial plan has plenty of room for development. Let’s take a look at some of your options.Focus on a Taxable Account A brokerage account has no contribution limits. And you can access your funds at any time without penalty. However, you will owe capital gains taxes when you sell appreciated assets within the account. Still, this may at times work in your favor.