As taught in most computer science classes, 2FA is:
- Something you know
- Something you have
- Something you are
You need 2 out of three of those for Two Factor Authentication and no 2 can be from the same category. Something you know is the Password/Passcode and your email account is just another account protected by a password, so having 2 of those does not qualify.
Something you have is a physical device such as a phone that can receive a verification code. Many companies also use security keys that would qualify for this factor.
Something you are is often referred to as biometric data. On the iPhone, biometric data can be changed with the Passcode/Password, so it does not qualify as a factor. Where it would apply is for access to a facility that also has a fingerprint or iris detector to go along with one of the other factors.
Each company specifies what to use for each factor to secure their accounts.