Can I buy ETFs in my IRA account?

OPEN IRA ACCOUNT

U.S. citizens living anywhere in the world and U.S. resident aliens may open cash or margin Individual Retirement Accounts (IRAs)…

Yes, bonds and mutual funds can be purchased and held in an IRA account.

More information on trading permissions in an IRA account can be found in our IBKR Knowledge Base…

IBKR does not allow trading or holdings of securities such as Master Limited Partnerships (MLPs) or Publicly Traded Partnership (PTP) in retirement accounts that have the potential to generate UBTI (Unrelated Business Taxable Income) as this type of income has the potential to trigger taxes and tax reporting in an otherwise tax-deferred account type…

You can contribute to a traditional IRA if you have taxable compensation. There are no age limits for an IRA contribution.

If you file a joint return, you may be able to contribute to an IRA even if you do not have taxable compensation as long as your spouse did. Each spouse can make a contribution up to the current limit; however, the total of your combined contributions cannot be more than the taxable compensation reported on your joint return…