hoto Credit: Peter Hellberg

Individual Retirement Accounts or IRAs are tax-advantaged investment accounts authorized by the government to help you save for retirement. There are 11 types of IRAs, but for young investors and other beginning investors, the most relevant IRA is the Roth IRA. This section discusses the basics of the IRA, including the eligibility criteria and the process of opening accounts. The links below in teenbusiness.com will provide more information on IRAs.