To determine which IRAs are the best overall, Select reviewed and compared more than 20 different accounts offered by national banks, investment firms, online brokers and robo-advisors. While there are several types of IRAs on the market, such as traditional IRAs, Roth IRAs, SEP IRAs and SIMPLE IRAs, we have chosen to focus only on traditional IRAs for the purposes of this classification. We rank the best IRAs according to the type of investor you are, from beginners to experienced investors, as well as practical and non-professional investors. We also included a better overall selection, including the Best Gold IRA Rollover. When choosing an IRA to start saving for retirement, you'll most likely decide between a traditional IRA or a Roth IRA.