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.
These accounts will be available to people under 18, with investments growing tax-free like an individual retirement account. Charisma Madarang, Rolling Stone, 28 Jan. 2026 There are already ways for people to tap their 401(k) or individual retirement account to access money for a down payment — in some cases without paying an early withdrawal penalty — but experts say using retirement funds for a home purchase may not help workers with either goal. Sarah Agostino, CNBC, 27 Jan. 2026 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. Matt Richardson, CBS News, 26 Jan. 2026 Parents may then claim the account and manage how that money, plus contributions from family and employers, is then invested until the child turns 18, at which point the accounts will transition into individual retirement account-like plans. Christian Datoc, The Washington Examiner, 4 Jan. 2026 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 Feb. 2026.

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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