To invest for the future, you need a place to hold your investments. Each type of account has different tax rules and benefits.

Traditional IRA vs. Roth IRA

Both are retirement accounts. With a Traditional IRA, you may get a tax deduction on your contributions now, and you pay taxes when you withdraw the money in retirement. With a Roth IRA, you contribute after-tax dollars, meaning your qualified withdrawals in retirement are tax-free.

Taxable Brokerage Account

A standard brokerage account has no tax advantages, but it also has no restrictions on when you can withdraw your money. It's ideal for financial goals outside of retirement.