plural IRAs
: a retirement savings account in which income taxes on certain deposits and on all gains are deferred until withdrawals are made
Irish Republican Army
Examples of IRA in a Sentence
Abbreviation
a representative of the IRA
Recent Examples on the Web
Davor Sutija, Forbes.com, 22 Apr. 2025
Those incentives have largely benefitted Republican districts but are at risk of getting cut as Trump has vowed to repeal the IRA.
—Benji Jones, Vox, 22 Apr. 2025
Four Republican senators, John Curtis (Utah), Thom Tillis (N.C.), Lisa Murkowski (Alaska) and Jerry Moran (Kan.), sent a letter to Thune this month warning that repealing energy tax credits from the IRA would hurt businesses and jobs.
—Alexander Bolton, The Hill, 21 Apr. 2025
The Climate Jobs National Resource Center, a coalition of labor groups promoting clean energy job opportunities, looked at how the IRA credits were playing out in eight states.
—Josh Hammer, MSNBC Newsweek, 21 Apr. 2025
See All Example Sentences for IRA
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Noun
Push representatives in the federal government to preserve the IRA 45X credits.
—Davor Sutija, Forbes.com, 22 Apr. 2025
Those incentives have largely benefitted Republican districts but are at risk of getting cut as Trump has vowed to repeal the IRA.
—Benji Jones, Vox, 22 Apr. 2025
Four Republican senators, John Curtis (Utah), Thom Tillis (N.C.), Lisa Murkowski (Alaska) and Jerry Moran (Kan.), sent a letter to Thune this month warning that repealing energy tax credits from the IRA would hurt businesses and jobs.
—Alexander Bolton, The Hill, 21 Apr. 2025
The Climate Jobs National Resource Center, a coalition of labor groups promoting clean energy job opportunities, looked at how the IRA credits were playing out in eight states.
—Josh Hammer, MSNBC Newsweek, 21 Apr. 2025
See All Example Sentences for IRA
Cite this Entry
“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 4 May. 2025.
Copy CitationLegal Definition
IRA
noun
: an account in which a person may deposit up to a stipulated amount each year and that is not taxable until retirement or early withdrawal
Note: Deposits to an IRA may not be completely or partially deductible from adjusted gross income if one's income exceeds a set level.
Etymology
Noun
individual retirement account
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