USA IRS IRA

https://www.investor.gov/additional-resources/retirement-toolkit/self-directed-plans-individual-retirement-accounts-iras

Kinds

Traditional: Roth: Contributions made with after tax funds. Earnings and withdrawals are tax free. Caveats: [ ] Wealth needs to be in account for 5+ years. [ ] You need to be over 59.5 years young to withdraw gains tax free. SEP Simple