Precisely what is an IRA? Definition and Reason An individual retirement account (IRA)—often known as an individual retirement arrangement by the IRS—is a long-expression, tax-advantaged savings account that individuals with attained income can use to save lots of for the future. These individual accounts is often designed through a broker. https://andretchko.estate-blog.com/36756470/helping-the-others-realize-the-advantages-of-401-k-rollover