plural IRAs
: a retirement savings account in which income taxes on certain deposits and on all gains are deferred until withdrawals are made
Irish Republican Army
Examples of IRA in a Sentence
Abbreviation
a representative of the IRA
Recent Examples on the Web
David Rae, Forbes, 20 Mar. 2025
How to protect yourself Your pre-tax IRA is an ‘IOU to the IRS,’ expert says.
—Kate Dore, Cfp®, Ea, CNBC, 18 Mar. 2025
Congress later rescinded approximately $21.6 billion in IRA funding for the IRS.
—Susan Tompor, USA TODAY, 13 Mar. 2025
That volatility makes penny stocks a bad idea for a Roth IRA.
—Kelly Phillips Erb, Forbes, 8 Mar. 2025
See All Example Sentences for IRA
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Noun
Your other retirement income (think pensions, IRA and 401(k)) withdrawals will be taxed like regular income.
—David Rae, Forbes, 20 Mar. 2025
How to protect yourself Your pre-tax IRA is an ‘IOU to the IRS,’ expert says.
—Kate Dore, Cfp®, Ea, CNBC, 18 Mar. 2025
Congress later rescinded approximately $21.6 billion in IRA funding for the IRS.
—Susan Tompor, USA TODAY, 13 Mar. 2025
That volatility makes penny stocks a bad idea for a Roth IRA.
—Kelly Phillips Erb, Forbes, 8 Mar. 2025
See All Example Sentences for IRA
Cite this Entry
“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 23 Mar. 2025.
Copy CitationLegal Definition
IRA
noun
: 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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