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
Jason Furman, Foreign Affairs, 10 Feb. 2025
While there are income limits for direct Roth IRA contributions, there are ways to bypass the earnings thresholds, including Roth conversions, which move pretax or nondeductible IRA funds to a Roth IRA.
—Kate Dore, Cfp®, Ea, CNBC, 10 Feb. 2025
As part of his executive actions, Trump temporarily suspended the disbursement of funds from the IRA.
—Julia Jacobo, ABC News, 8 Feb. 2025
Senate Republicans earlier this week introduced a Congressional Review Act resolution to stop implementation of the IRA's fee on methane, a greenhouse gas that often leaks undetected into the atmosphere.
—Chuck McCutcheon, Axios, 7 Feb. 2025
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Noun
More important, the IRA will not be any more effective at lowering emissions than the carbon taxes that post-neoliberals have criticized.
—Jason Furman, Foreign Affairs, 10 Feb. 2025
While there are income limits for direct Roth IRA contributions, there are ways to bypass the earnings thresholds, including Roth conversions, which move pretax or nondeductible IRA funds to a Roth IRA.
—Kate Dore, Cfp®, Ea, CNBC, 10 Feb. 2025
As part of his executive actions, Trump temporarily suspended the disbursement of funds from the IRA.
—Julia Jacobo, ABC News, 8 Feb. 2025
Senate Republicans earlier this week introduced a Congressional Review Act resolution to stop implementation of the IRA's fee on methane, a greenhouse gas that often leaks undetected into the atmosphere.
—Chuck McCutcheon, Axios, 7 Feb. 2025
See all Example Sentences for IRA
Dictionary Entries Near IRA
Cite this Entry
“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 16 Feb. 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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