IRA Center

An Individual Retirement Account (IRA) provides eligible investors a tax-advantaged way to save for retirement. Whether you are looking to better understand the basics of IRAs, compare IRAs side by side, try a calculator or find out how to open an IRA, we are here to help.

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A basic understanding of IRAs, such as the different types, eligibility rules, contribution limits and withdrawal guidelines, will help you make informed decisions before investing.

IRA Types

IRA stands for Individual Retirement Account, and provides investors meeting eligibility requirements a tax-advantaged way to invest for retirement. The IRA itself is not an investment, but it holds the investments you choose to save toward your retirement goal. IRAs can hold mutual funds or individual securities.

The most common types of IRAs are accounts that you open on your own, as opposed to a workplace retirement plan where your employer opens and maintains the account for you. In many cases when changing jobs or retiring, you can roll over a retirement account from a previous employer's plan into a Rollover IRA.

We Offer Different IRA Types Designed for Your Individual Needs

Each type of IRA has specific benefits and guidelines. Find out more about the specific details of each type below.

Mutual Fund IRAs

Choose from a variety of American Century Investments® no-load mutual funds to create a balanced retirement portfolio.

Brokerage IRAs

Choose from many investment vehicles and mutual funds from other fund families for your IRA.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.
Traditional or Roth?

Is a Traditional or Roth IRA right for you? Our analyzer tool will help you find out. Try now