Individual Retirement Account (IRA): What It Is, 4 Types
Sep 25, 2025 · What Is an IRA? Definition and Purpose. An individual retirement account (IRA)—known as an individual retirement arrangement by the IRS—is a long-term, tax-advantaged savings account …
What is an IRA? | why you should invest | Fidelity
Jan 30, 2025 · An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax deferred basis. Learn more about IRAs and how these …
Individual retirement arrangements (IRAs) - Internal Revenue Service
Jul 30, 2025 · A traditional IRA is a tax-advantaged personal savings plan where contributions may be tax deductible. A Roth IRA is a tax-advantaged personal savings plan where contributions are not …
What Is An IRA? How Does It Work? – Forbes Advisor
Nov 13, 2025 · So, what is an IRA account? An IRA is a retirement savings account that provides you with tax-free investment growth and a range of other tax advantages. Anyone who earns …
What is an IRA and How Does it Work? | BlackRock
An individual retirement account (IRA) is a type of retirement savings plan that invests in financial products such as stocks, bonds or mutual funds. You can open some IRAs, like traditional and Roth …
What Is an IRA? - Charles Schwab
Dec 17, 2024 · Individual retirement accounts (IRAs) are personal retirement savings plans that offer tax benefits and a range of investment options. Many investors use IRAs as a source of saving for …
What Is An IRA? Types And How They Work | Bankrate
May 23, 2025 · IRAs come with the upside of tax benefits and flexibility, but they also have strict contribution limits and, depending on the type, early withdrawal penalties. An IRA is a tax-advantaged...
What Is an IRA and How Does It Work? | Kiplinger
Mar 25, 2025 · What is an IRA? An IRA is not an investment. Rather, an IRA is an account that holds investments, such as stocks, bonds, mutual funds and ETFs (exchange-traded funds).
What is an Individual Retirement Account (IRA)? | The Motley Fool
6 days ago · What is an IRA? IRA stands for individual retirement account. There are several types, but each allows you to make tax-advantaged contributions from income you earn to build a nest egg for...
What is an IRA (Individual Retirement Account) and How to Choose One?
Once you determine your account type, you may be able to choose between an investment IRA and a savings IRA. Think about your retirement goals, your financial health and your life stage to help you …