What is the main tax-related difference between a brokerage account and an IRA ?
The main difference tax-related difference between a brokerage account and an IRA is that the gains made on investments in a brokerage account are subject to capital gains taxes while gains in an IRA are not.
Below is an instruction that describes a task, paired with an input that provides further context. Write a response that appropriately completes the request.
### Instruction: What is the main tax-related difference between a brokerage account and an IRA ?
### Input: 
### Response: The main difference tax-related difference between a brokerage account and an IRA is that the gains made on investments in a brokerage account are subject to capital gains taxes while gains in an IRA are not.