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
Bob Carlson, Forbes, 24 Feb. 2025
Many Americans have spent the last 40 years growing tax-deductible retirement savings inside traditional 401(k), 403(b) and IRA accounts.
—Terry Savage, Chicago Tribune, 24 Feb. 2025
The same order, however, paused all spending under the IRA.
—Spencer Kimball, CNBC, 23 Feb. 2025
Sinn Féin advocates for the reunification of Ireland and has historical links to the Irish Republican Army (IRA).
—Tom Rogers, Newsweek, 21 Feb. 2025
See All Example Sentences for IRA
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Noun
The purchase of a collectible is treated as a distribution to the IRA owner.
—Bob Carlson, Forbes, 24 Feb. 2025
Many Americans have spent the last 40 years growing tax-deductible retirement savings inside traditional 401(k), 403(b) and IRA accounts.
—Terry Savage, Chicago Tribune, 24 Feb. 2025
The same order, however, paused all spending under the IRA.
—Spencer Kimball, CNBC, 23 Feb. 2025
Sinn Féin advocates for the reunification of Ireland and has historical links to the Irish Republican Army (IRA).
—Tom Rogers, Newsweek, 21 Feb. 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 27 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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