IRA

There are 2 types of IRAs (a type of retirement account).

Traditional and Roth.

Each offers its own tax benefits.

You can have both of them, and depending on your tax bracket that year, choose where to invest your money.

For more info:

https://investor.vanguard.com/investor-resources-education/iras/roth-vs-traditional-ira#:~:text=Traditional%20IRAs%20generally%20allow%20anyone,individuals%20cannot%20contribute%20at%20all.