individual retirement account

noun

: ira

Examples of individual retirement account in a Sentence

Recent Examples on the Web The tax treatment would be similar to Roth individual retirement accounts, which offer tax-free withdrawals of earnings after age 59½, with some exceptions. Annie Nova,kate Dore, Cfp®, CNBC, 15 July 2024 Diversify your retirement savings strategies, such as by opening an individual retirement account (IRA) or brokerage account. Becca Stanek, theweek, 8 July 2024 Starting this year, Congress is allowing up to $35,000 in leftover savings in the plan to roll over tax-free into Roth individual retirement accounts, eliminating fears unused money could forever be trapped or incur taxes. Daniel De Visé, USA TODAY, 12 June 2024 Equally innovative are its accessible individual retirement accounts (IRAs): With a 3% IRA match on retirement contributions with Robinhood Gold, now might be a good time to consider building your retirement nest egg. Stephanie Tsai, The Hollywood Reporter, 3 May 2024 See all Example Sentences for individual retirement account 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'individual retirement account.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1974, in the meaning defined above

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

Dictionary Entries Near individual retirement account

Cite this Entry

“Individual retirement account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/individual%20retirement%20account. Accessed 27 Jul. 2024.

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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