An individual retirement account can be a brilliant way to save for the future. Traditional IRAs enable you to grow your wealth tax-deferred. Roth IRAs grow tax-free and can even be used to make a down payment on your first home.
To start saving, though, you’ll need to decide where to open IRA. Here’s a look at how two popular brokerages, OptionsHouse and TradeKing, compare for IRA accounts.