individual retirement account


Definition: Meaning of, individual retirement account in English to English dictionary.

Pronunciation: / ɪndɪˈvɪdʒʊ(ə)l;ɪndɪˈvɪdjʊ(ə)l rɪˈtʌɪəm(ə)nt əˈkaʊnt /

  • noun
  • synonym
  • antonym
Word Forms:
Singular Plural
individual retirement account individual retirement accounts
  1. 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
    SYNONYM
    IRA
    ANTONYM
    Not found!
synonym
antonym

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Pronunciation:
Parts of Speech: noun
1820-1893 born in Ireland british physicist remembered for his experiments on the transparency of gases and the absorption of radiant heat by gases and the transmission of sound through the atmosphere; he was the first person to explain why the daylight sky is blue