IRA And Self-Employed Retirement Accounts

IRA And Self-Employed Retirement Accounts groups related personal finance terms inside Accounts and Contribution Rules. Personal-finance terms for traditional, Roth, spousal, self-directed, SEP, SIMPLE, Keogh, and self-employed retirement accounts.

Use this subsection when the question is about household planning, retirement accounts, payments technology, or tax effects on finance decisions rather than a broad legal or product directory.

In this section

• IRA Types and Roth or Traditional Accounts
  IRA terms for Roth, traditional, spousal, and self-directed retirement account choices.
  • IRA
    U.S. retirement account with tax advantages, used alongside or instead of employer-sponsored plans.
  • Roth IRA
    After-tax individual retirement account designed for tax-free qualified withdrawals later in retirement.
  • Self-Directed IRA
    IRA structure that gives the account owner broader control over investment selection, including certain alternative assets.
  • Spousal IRA
    IRA contribution structure that lets a married couple fund retirement savings for a non-earning or low-earning spouse.
  • Traditional IRA
    Tax-deferred individual retirement account that may allow a current-year tax deduction and usually taxes withdrawals later in retirement.
• Self-Employed and Small-Business Retirement Plans
  Small-business and self-employed retirement plan terms for owner-only and simplified plans.
  • Keogh Plan
    Older tax-advantaged retirement-plan framework for self-employed individuals and small business owners, created under U.S. retirement law.
  • Self-Employed Retirement Plan
    Retirement plan structure built for self-employed individuals and owner-operators who save through business income rather than a standard employer payroll setup.
  • SEP IRA
    Employer-funded retirement account structure often used by self-employed workers and small businesses because it is simpler than many workplace plans.
  • SIMPLE IRA
    Small-employer retirement plan that combines employee salary deferrals with required employer contributions through IRA accounts.