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
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Noun
Those starting out with smaller investment limits might consider coins or small bullions, while those with higher balances to transfer might consider using a gold IRA. Liz Knueven, CNBC, 9 June 2026 Before opening a precious metals IRA, compare multiple providers and request all fees, storage costs and buyback terms in writing. Amy Deyoung, USA Today, 7 June 2026 In 1979, Pamela’s father, Lord Louis Mountbatten, was assassinated by the IRA when a bomb exploded aboard his fishing boat. Rachel Burchfield, InStyle, 5 June 2026 That, in turn, means hefty minimum withdrawals are coming for anyone holding $750,000 in a traditional IRA or 401(k), starting at age 73. Angelica Leicht, CBS News, 3 June 2026 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

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Cite this Entry

“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 16 Jun. 2026.

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

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