A brokerage account is a type of investment account that allows investors to buy and sell securities, such as stocks and bonds. Brokerage accounts can be opened with a variety of financial institutions, including banks, credit unions, and online brokers. An individual retirement account (IRA) is a type of retirement savings account that allows individuals to save for retirement. IRAs can be opened with a variety of financial institutions, including banks, credit unions, and online brokers.
There is no definitive answer to this question as it depends on individual circumstances. Some factors to consider include the fees associated with each account type, the investment options available, and the tax implications of each account.