Individual Retirement Accounts (IRAs) are personal investment accounts allowing individuals to save and invest for retirement. They are a popular way to build wealth over time by investing in various financial products, including stocks, bonds, mutual funds, and exchange-traded funds (ETFs). Some examples of IRAs include Traditional IRAs, Roth IRAs, Inherited IRAs, Spousal IRAs, and Rollover IRAs. These accounts are a popular way for individuals to save for retirement, as they offer tax advantages and a wide range of investment options. However, it is necessary to note that contribution limits, withdrawal rules, income limits, and other regulations are associated with these investment accounts.