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

abbreviation

Irish Republican Army

Examples of IRA in a Sentence

Abbreviation a representative of the IRA
Recent Examples on the Web
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Noun
Up to $35,000 in unused 529 funds can now be rolled into a Roth IRA for the beneficiary, as long as the account has been open for at least 15 years. Jill Schlesinger, Mercury News, 6 Apr. 2026 Counted income includes Social Security benefits, pension payments, IRA payments, property income, alimony, dividends, salary and wages. Medora Lee, USA Today, 5 Apr. 2026 These included the Irish Republican Army (IRA) and the Irish National Liberation Army (INLA). Colm Tóibín, The New York Review of Books, 4 Apr. 2026 That is the difference between a young adult who knows how to open a Roth IRA at 22 and one who figures it out at 42 — twenty compounding years later. Gerald Bradshaw, Chicago Tribune, 3 Apr. 2026 See All Example Sentences for IRA

Word History

Etymology

Noun

initialism from individual retirement account or individual retirement arrangement

First Known Use

Noun

1974, in the meaning defined above

Time Traveler
The first known use of IRA was in 1974

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Cite this Entry

“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 9 Apr. 2026.

Legal Definition

: 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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