An individual retirement account (IRA) is a retirement account set up by an individual, which can be a traditional IRA, where pretax contributions are tax-deferred, or a Roth IRA, where contributions are post-tax and withdrawals are tax-free.

Authors

• Person: Not available Organization: William & Mary Online
  Personal Finance: Wealth, Retirement and Tax Strategies

Sources

• Personal Finance: Wealth, Retirement and Tax Strategies online.mason.wm.edu William & Mary Online via serper

Referenced by nodes (3)

• traditional IRA concept
• Roth IRA concept
• Individual Retirement Account concept