An investment account is a type of financial account that allows individuals to buy and sell various assets, such as stocks, bonds, and mutual funds. These accounts are typically offered by financial institutions like banks and brokerage firms. The primary goal of an investment account is to grow wealth over time through capital appreciation and income generation. Investment accounts can be categorized into different types, including taxable accounts and tax-advantaged accounts like Individual Retirement Accounts (IRAs). Each type has its own rules regarding contributions, withdrawals, and tax implications. Investors can choose the account that best fits their financial goals and risk tolerance.