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.
At that point, Trump accounts essentially become individual retirement accounts, which can be used penalty-free for certain expenses such as higher education or first-time home purchases. Ben Steverman, Fortune, 17 Dec. 2025 Remaining funds can be rolled into a Roth individual retirement account, transferred to another family member, used for student loan repayment or withdrawn outright. Natalie Wu, CNBC, 17 Dec. 2025 They will be treated much like individual retirement accounts, or IRAs, and there are few limits on the contributions that can be made to the accounts. Addy Bink, The Hill, 11 Dec. 2025 Trump Accounts, signed into law over the summer as part of the Big Beautiful Bill Act, are a new form of individual retirement accounts (IRA) for eligible children. Nina Tran, Nashville Tennessean, 5 Dec. 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 25 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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