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 …
Individual retirement arrangements (IRAs) | Internal Revenue ...
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? | 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 …
What is an IRA?: Types of IRAs and how they work - Capital One
Jan 18, 2023 · One way to save for retirement is with an individual retirement account (IRA). Also known as an individual retirement arrangement, an IRA is a type of personal savings account. But not only …
What Is an IRA? - Charles Schwab
Dec 23, 2025 · Individual retirement accounts (IRAs) are personal retirement savings plans that offer tax benefits and a wide range of investment options. Many investors use IRAs as a tool to save for …
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 Individual Retirement Account (IRA)? | The Motley Fool
Nov 25, 2025 · 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 …