Teh monitor panel is the main feature of the visible part of the screen or the technology where the display of the colour dots (pixels) is implemented.
TN is the standard technology with average contract, brightness and colour compliance indices.
IPS is the matrix with high colour compliance and good response speed, therefore it is well suited for graphics tasks and photo editing. IPS matrix provide an excellent viewing angle maintaining the colours and contrast from almost any angle.
VA matrix ensures superior colour compliance, however, the response time of this matrix is lagging behind that of the IPS and TN; the viewing angle is somewhere between both these technologies.
The TN type monitor is fully sufficient for an average user. If you have more money available the VA or IPS can be chosen.