What is IRA (Individual Retirement Account)? | SIE, SERIES6, SERIES7, SERIES65, SERIES66 Exam Prep

An IRA is a tax-advantaged personal retirement savings account that individuals can open independently, offering either tax-deductible contributions (Traditional) or tax-free withdrawals (Roth). 📚 Learn more about IRA (Individual Retirement Account) and other key terms for your SIE, SERIES6, SERIES7, SERIES65, SERIES66 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7, SERIES65, SERIES66 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 IRA (Individual Retirement Account) definition: https://www.open-exam-prep.com/glossary/ira 💡 Exam Tip: IRA = Individual (not employer). Know Traditional vs. Roth tax treatment. --- #securities #examprep #financeexam #sie #series6 #series7 #series65 #series66