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