Individual retirement accounts (IRAs) are an important part of an overall investment strategy, providing tax benefits for both individuals and small business owners.

Just as there isn’t a one-size-fits-all way to retire, there isn’t a universal retirement savings strategy. Your needs will depend on your lifestyle, obligations and goals. Learn more about the wide array of IRAs available to meet your unique retirement savings needs.

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Whether you prefer investing on your own or want personal investment guidance, we have options available to fit your needs.

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Determine which IRA is best for your unique situation.

IRA resources: The basics

Your money goes further when you leverage tax-advantaged accounts. IRAs can help maximize immediate and future tax savings and provide a source of income during retirement.

How does an IRA work?

Learn how IRAs work with our at-a-glance guide to individual retirement accounts.

4 benefits of an IRA

Look beyond your 401(k) or pension to maximize the power of your retirement savings.

Types of IRA accounts

Review different types of IRA accounts to determine which type or types fit your situation.

IRA vs. 401(k): What's the difference?

Should you save for retirement with a 401(k) or IRA? The answer might be “both.”

The role of IRAs in your investment strategy

With earnings that are either tax-deferred or tax-free, IRAs can play an essential role in a comprehensive retirement plan. Knowing your options can help you determine your course of action.

A guide to tax diversification and efficient investing

Using a variety of investment accounts may help reduce the taxes you pay over your lifetime and in retirement.

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Roth IRA benefits: Roth IRA vs. traditional IRA accounts

Unlike a traditional IRA, a Roth IRA allows you to contribute after-tax dollars now and withdraw contributions tax-free in retirement. Get more details on Roth IRA contribution limits, Roth IRA income limits and Roth conversions.

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Backdoor Roth IRA for high income earners

Roth IRAs are typically off-limits to individuals with higher incomes, but a backdoor Roth IRA strategy can put this retirement account within reach.

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Contributing to your IRA

Get the maximum tax benefit possible by leveraging the different types of accounts available to help you work toward your financial goals.

Investing through employer sponsored retirement plans

Learn how to make the most of employer retirement plan benefits.

Taking advantage of catch-up contributions

If you’re 50 or older, learn how to take advantage of catch-up contributions and allocate more money to your 401(k) or IRA annually.

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Is managing your own IRA right for you?

If you’re the type of investor who likes to do your own research, managing your own IRA could be a good option for you. Review the pros and cons of a self managed individual retirement account.

IRA distributions

When it’s time to make a withdrawal from an IRA, you’ll want to make sure you’re following the rules. Take steps to maximize your tax savings and avoid penalties.

IRA and 401(k) withdrawal rules

Qualified retirement plans like IRAs and 401(k)s benefit from tax breaks, but you must follow the withdrawal rules to make sure you aren’t penalized instead.

What to do with an inherited IRA

If you’re a beneficiary of someone’s IRA, your inheritance will come with options and requirements.

RMD rules: What is a required minimum distribution?

If you have an IRA or have contributed to an employer-sponsored retirement plan, it’s vital to know the rules around RMDs.

Using your IRA to make a difference

It’s possible to enhance your giving and save on your tax bill. Qualified charitable distributions and gifts of appreciated stocks offer prime opportunities.

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Investment and insurance products and services including annuities are:
Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency.

U.S. Wealth Management – U.S. Bank is a marketing logo for U.S. Bank.

U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

The information provided represents the opinion of U.S. Bank and is not intended to be a forecast of future events or guarantee of future results. It is not intended to provide specific investment advice and should not be construed as an offering of securities or recommendation to invest. Not for use as a primary basis of investment decisions. Not to be construed to meet the needs of any particular investor. Not a representation or solicitation or an offer to sell/buy any security. Investors should consult with their investment professional for advice concerning their particular situation.

U.S. Bank does not offer insurance products but may refer you to an affiliated or third party insurance provider.

U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments, Inc.

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