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Definition of Individual retirement account
1. Noun. A retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred.
Exact synonyms: Ira
Generic synonyms: Pension Account, Pension Plan, Retirement Account, Retirement Plan, Retirement Program, Retirement Savings Account, Retirement Savings Plan
Generic synonyms: Pension Account, Pension Plan, Retirement Account, Retirement Plan, Retirement Program, Retirement Savings Account, Retirement Savings Plan
Lexicographical Neighbors of Individual Retirement Account
Literary usage of Individual retirement account
Below you will find example usage of this term as found in modern and/or classical literature:
1. OECD Economics Glossary: English-French = Glossaire de L'économie de L'OCDE by Oecd (2006)
"... comptes de produits et charges [GES] individual retirement account (IRA) <us>
... investment retirement account syn. individual retirement account (IRA) ..."