IRA

1 of 2

noun

ˌī-(ˌ)är-ˈā

ˈī-rə

plural IRAs

: a retirement savings account in which income taxes on certain deposits and on all gains are deferred until withdrawals are made

IRA

2 of 2

Examples of IRA in a Sentence

Abbreviation a representative of the IRA

Recent Examples on the Web

Noun

This past year, 22% of first-time buyers borrowed from their 401(k), stocks, IRA, pension, and/or cryptocurrency to enter the housing market, Lautz says. —

Sydney Lake, Fortune, 14 Nov. 2023 The Biden administration’s Inflation Reduction Act (IRA) aims to spur homegrown EV factories and a battery supply chain through the carrot of consumer and manufacturer incentives. —

IEEE Spectrum, 8 Nov. 2023 Images: Reuters/AFP/Getty Images Composite: Mark Kelly President Biden has set an ambitious and laudable goal of reducing cancer mortality by half within 25 years, yet the Inflation Reduction Act (IRA) is working at cross purposes with that goal. —

The Editorial Board, WSJ, 2 Nov. 2023 That higher rate might nudge you toward more tax-efficient vehicles to contain your gold allocation, such as an individual retirement account, IRA, as opposed to your taxable brokerage account. —

Chris Taylor, wsj.com, 25 Oct. 2023 The passage of the IRA now has that figure rising to 50 percent. —

Kevin Purdy, Ars Technica, 25 Oct. 2023 Research from the Rocky Mountain Institute suggests the IRA will encourage green steel investments that would, by 2030, produce about eight million tons of low-carbon steel, or nearly 10% of U.S. steel demand. —

Yusuf Khan, WSJ, 24 Oct. 2023 Last year, Congress passed one of the largest spending packages ever for climate change with the Inflation Reduction Act (IRA). —

Paolo Confino, Fortune, 16 Oct. 2023 On one track, British policy was focused on establishing a large security presence and arresting or killing members of the provisional Irish Republican Army and other paramilitary groups; the British objective was to signal that violence would fail, that the IRA could not shoot its way to power. —

Richard Haass, Foreign Affairs, 15 Oct. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'IRA.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.