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 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? | 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? 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? | 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). Some …
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 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 …
What Is an IRA? Types, How They Work, Benefits | SoFi
Dec 3, 2025 · • An IRA is a retirement savings account that offers tax advantages and allows individuals to save for retirement over the long-term. • There are different types of IRAs, including traditional and …
What Is an IRA? | PNC Insights
Jul 1, 2025 · An IRA or "individual retirement account" is a tax-advantaged account intended to help you save for the future. Unlike a regular investment account, the IRS gives you special tax breaks to …
What is an IRA? How they work, types of IRAs and more - MSN
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...