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Examples of individual retirement account in a Sentence
Recent Examples on the Web
Higher income thresholds for IRAs The IRS did not increase the contribution limits for individual retirement accounts, known as IRAs.
—Jeanne Sahadi, CNN, 1 Nov. 2024
As of 2024, families can roll over unused 529 funds to the account beneficiary’s Roth individual retirement account, without triggering income taxes or penalties, as long as the 529 plan has been open for at least 15 years.
—Jessica Dickler, CNBC, 25 Oct. 2024
Plus, provided a 529 account is at least 15 years old, up to $35,000 of unused funds can be rolled into a Roth individual retirement account.
—Kamaron McNair, CNBC, 5 Oct. 2024
That’s the conclusion of new research by Vanguard, the investment firm, into the lackluster performance of many individual retirement accounts.
—Daniel De Visé, USA TODAY, 2 Oct. 2024
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Word History
First Known Use
1974, in the meaning defined above
Time Traveler
The first known use of individual retirement account was
in 1974
Dictionary Entries Near individual retirement account
Cite this Entry
“Individual retirement account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/individual%20retirement%20account. Accessed 25 Nov. 2024.
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