What Is an IRA? An individual retirement account (IRA) is a savings account with tax advantages that individuals can open to save and invest in the long term. Like a 401(k) account that an employee obtains as a benefit from their employer, an IRA is designed to encourage people to save for retirement. Anyone who has earned income can open an IRA and enjoy the tax benefits that these accounts offer. Unlike a 401(k), however, individuals can open an IRA without involving their employer—that’s why they are known as individual retirement accounts.... ( read more )
LEARN MORE ABOUT: IRA Accounts
CONVERTING IRA TO GOLD: Gold IRA Account
CONVERTING IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
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