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individual retirement account

noun

: ira

Examples of individual retirement account in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
There are many ways to buy in, too, from purchasing physical gold bullion or coins to opening a gold individual retirement account (IRA) or buying gold stocks. Aly J Yale, CBS News, 25 Nov. 2025 Leftover funds in a 529 account can be rolled into a Roth individual retirement account, transferred to a family member, used to pay off student loans or withdrawn outright. Natalie Wu lauren Shamo, CNBC, 21 Nov. 2025 Similarly, the average individual retirement account (IRA) balance rose 7 percent to $137,902. Sam Stevenson, MSNBC Newsweek, 21 Nov. 2025 At the end of 2024, according to the Investment Company Institute, Americans held $15.2 trillion in individual retirement accounts (IRAs) and another $12.4 trillion in workplace defined contribution plans such as 401(k), 403(b), and 457 plans. Kelly Phillips Erb, Forbes.com, 30 Aug. 2025 See All Example Sentences for individual retirement account

Word History

First Known Use

1974, in the meaning defined above

Time Traveler
The first known use of individual retirement account was in 1974

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Cite this Entry

“Individual retirement account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/individual%20retirement%20account. Accessed 4 Dec. 2025.

Legal Definition

individual retirement account

noun
individual re·​tire·​ment account
often capitalized I&R&A
: ira
Last Updated: - Updated example sentences
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