MLchartDataset catalogue

Individual Retirement Account (IRA)

Term · Finance and investing · MLC-T-FIN-000199

Individual Retirement Accounts (IRAs) provide tax advantages for retirement savings. You can contribute each year up to the maximum amount allowed by the Internal Revenue Service. There are several types of IRAs available - traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.

Table 1. Record
IdentifierMLC-T-FIN-000199
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000199",
  "term": "Individual Retirement Account (IRA)",
  "field": "Finance and investing",
  "definition": "Individual Retirement Accounts (IRAs) provide tax advantages for retirement savings. You can contribute each year up to the maximum amount allowed by the Internal Revenue Service. There are several types of IRAs available - traditional IRAs, Roth IRAs, SEP IRAs, and SIMPLE IRAs.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/individual-retirement-account-ira/"
}

Record 199 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.