What's an IRA?

Article author
Nick
  • Updated

IRA stands for Individual Retirement Account. These accounts have lots of tax advantages over traditional savings accounts. 

Acorns Later offers 3 different types of IRAs - Traditional, Roth, and SEP. When you open an Acorns Later IRA, we'll ask you a few questions. Then, we'll choose the IRA plan that fits best with your lifestyle and goals for you.

To learn more about Acorns Later, check out Learn in your Acorns app.

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