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
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.
Noun
Otherwise, open an IRA on your own through a bank or brokerage, like Fidelity or Charles Schwab. Andreina Rodriguez, CNBC, 1 Oct. 2025 If your plan doesn't offer any affordable choices, consider opening an IRA, Roth IRA or low-cost brokerage account to complement your savings. Steve Hruby, Cincinnati Enquirer, 29 Sep. 2025 Talks for the second round of Medicare negotiations under the Inflation Reduction Act (IRA) are also scheduled to end next week, and while the impact of that action is more delayed, there are areas of overlap. Joseph Choi, The Hill, 28 Sep. 2025 Public-private partnerships like Germany’s Steelorbis or the US Clean Hydrogen Hubs (part of IRA) aim to de-risk large projects. Srishti Gupta, Interesting Engineering, 21 Sep. 2025 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

Browse Nearby Words

Cite this Entry

“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 1 Oct. 2025.

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

More from Merriam-Webster on IRA

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!