Definition of IRA
IRAs
: a retirement savings account in which income taxes on certain deposits and on all gains are deferred until withdrawals are made
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Origin and Etymology of ira
individual retirement account
First Known Use: 1974
IRA
Definition of IRA
Irish Republican Army
Examples of ira in a Sentence
a representative of the IRA
IRA Defined for English Language Learners
IRA
playDefinition of IRA for English Language Learners
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: a special account in which you can save and invest money for your retirement without having to pay taxes on the money until a later time
Law Dictionary
IRA
playLegal Definition of IRA
: 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
Additional Notes on ira
Deposits to an IRA may not be completely or partially deductible from adjusted gross income if one's income exceeds a set level.
Origin and Etymology of ira
individual retirement account
Learn More about ira
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See words that rhyme with IRA Spanish Central: Translation of IRA Britannica English: Translation of IRA for Arabic speakers Britannica.com: Encyclopedia article about IRA
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