What is an IRA? "IRA" stands for Individual Retirement Account: a special savings account set up by Uncle Sam to encourage you to save for retirement. The government only allows you to have one, but what you put in it is up to you. If you want to put insured savings in your IRA, this is the place to find the best deal.
When should I get an IRA? Almost as soon as you start your working life. An IRA has some significant tax benefits, but because you can only put so much money in it each year, you should start funding your IRA as soon as possible.
