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
Aliss Higham, MSNBC Newsweek, 16 Sep. 2025
Traditional retirement plans—like a 401(k), 403(b), 457(b), SEP-IRA, or traditional IRA—offer tax breaks now, though withdrawals are taxed later.
—Kara Stevens, Essence, 10 Sep. 2025
Here are the latest projections prepared after the Inflation Reduction Act (IRA) was passed and before much of it was rolled back in the One Big Beautiful Bill.
—Robert G. Eccles, Forbes.com, 8 Sep. 2025
In Northern Ireland, dissident IRA groups launched attacks even after the Good Friday Agreement was concluded in 1998, which formally ended the Troubles.
—Alpaslan Ozerdem, The Conversation, 2 Sep. 2025
See All Example Sentences for IRA
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Noun
The law primarily affects workplace retirement accounts such as 401(k), 403(b), SIMPLE, and IRA accounts.
—Aliss Higham, MSNBC Newsweek, 16 Sep. 2025
Traditional retirement plans—like a 401(k), 403(b), 457(b), SEP-IRA, or traditional IRA—offer tax breaks now, though withdrawals are taxed later.
—Kara Stevens, Essence, 10 Sep. 2025
Here are the latest projections prepared after the Inflation Reduction Act (IRA) was passed and before much of it was rolled back in the One Big Beautiful Bill.
—Robert G. Eccles, Forbes.com, 8 Sep. 2025
In Northern Ireland, dissident IRA groups launched attacks even after the Good Friday Agreement was concluded in 1998, which formally ended the Troubles.
—Alpaslan Ozerdem, The Conversation, 2 Sep. 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 17 Sep. 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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