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• individual retirement account
  individual retirement account

  noun

  a savings plan that offers tax advantages to an individual depositor to set aside money for retirement. IRA
• Individual Retirement Account
  Individual Retirement Account

  A retirement plan. The “traditional” IRA allows individuals to contribute pretax earnings up to a maximum yearly allowance and to defer income taxes until the money is withdrawn after retirement. The “Roth” IRA allows individuals to contribute aftertax earnings and pay no taxes on future withdrawals. In contrast to a 401(k) plan, an IRA is funded entirely by the individual tax payer.

individual retirement account

American  

noun

1. a savings plan that offers tax advantages to an individual depositor to set aside money for retirement. IRA

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Individual Retirement Account Cultural  

1. A retirement plan. The “traditional” IRA allows individuals to contribute pretax earnings up to a maximum yearly allowance and to defer income taxes until the money is withdrawn after retirement. The “Roth” IRA allows individuals to contribute aftertax earnings and pay no taxes on future withdrawals. In contrast to a 401(k) plan, an IRA is funded entirely by the individual tax payer.

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Example Sentences

See Examples For:

individual retirement account Individual Retirement Account

Also in our baseline model, we assumed 3% inflation and zero fees on the management of assets, which our theoretical retiree holds in a posttax Roth individual retirement account.

From The Wall Street Journal ● Sep. 30, 2026

I used Microsoft Copilot to create a spreadsheet to estimate the tax cost of making transfers out of my individual retirement account to my Roth IRA.

From The Wall Street Journal ● Mar. 8, 2026

Vanguard researchers found that 6.7% of the firm’s individual retirement account holders age 73 and up had missed taking their RMDs in 2024.

From Barron's ● Dec. 24, 2025

In the Fix My Portfolio column, Beth Pinsker incorporated the new tax rates into instructions on how to decide whether or not to move money from a traditional individual retirement account into a Roth IRA.

From MarketWatch ● Oct. 10, 2025

Ms. Phipps, 72, said that her annual income consisted of money withdrawn from an individual retirement account, about $50,000 from Social Security and $20,000 from a pension.

From New York Times ● Dec. 16, 2023

It streamlined income tax brackets, lowered the top rate to 36% and created the universally deductible Individual Retirement Account.

From The Wall Street Journal ● Aug. 13, 2026

I have about $150,000 in an Individual Retirement Account and about $2,000 in a money-market account.

From MarketWatch ● Nov. 14, 2025

Individual Retirement Account contributions max out at $6,000 annually, with an over-50 “catch-up” contribution of $1,000.

From New York Times ● Apr. 15, 2022

John Jackson, 66, of Fort Lauderdale, Florida, contributed to an Individual Retirement Account when he worked as a manager.

From Seattle Times ● May 18, 2017

Unless these people act on their own to set up an Individual Retirement Account or something like it, they’ll face old age without savings.

From Washington Times ● Aug. 1, 2016

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