Individual Retirement Accounts (IRAs)
An IRA, or Individual Retirement Account, is a tax-advantaged investment option for individuals. Regions offers Traditional and Roth IRAs. Compare offerings to identify the best fit for you.
The difference between a Roth, Traditional and Education IRA
Roth IRA
Roth IRAs are generally tax-free retirement accounts.
- Contributions are not tax-deductible
- Earnings generally grow tax-free
- Withdrawals are generally tax-free
Traditional IRA
Traditional IRAs are tax-deferred retirement accounts.
- Contributions may be tax-deductible
- Earnings grow tax-deferred
- Withdrawals are generally taxable
Education IRA
Education IRAs are tax-advantaged accounts designed to pay for higher education.
- Contributions are not tax-deductible
- Earnings grow tax-deferred
- Withdrawals are generally tax-free
Find the right account for your retirement goals
Personalized investments
Investment IRA*
- Work with a Financial Advisor to create a personalized retirement plan.[1]
- A Financial Advisor manages your retirement funds
- No minimum balance required
Get answers to your IRA questions
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Individual Retirement Accounts or IRAs are a tax-advantaged or tax-deferred way for you to save for retirement. For some IRAs, you can invest in mutual funds, stocks, bonds and exchange traded funds. Regions offers FDIC-insured bank IRAs, in which you can invest through money markets, fixed rate or 18-month variable rate products.[1]
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The rules for withdrawing from an IRA vary depending on age and the type of IRA. Visit the IRS website for more information on IRA withdrawals.
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The rules for contributing to your IRA vary depending on the type of IRA. Visit the IRS website for more information on IRA contribution limits.
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Learn more about the differences between a Roth and Traditional IRA on our FAQs page.
