Defenition of the word individual retirement account

• Defenition of the word individual retirement account

  • a self-funded retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred
  • 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

Synonyms for the word individual retirement account

• • IRA

Hypernyms for the word individual retirement account

• • pension account
  • pension plan
  • retirement account
  • retirement plan
  • retirement program
  • retirement savings account
  • retirement savings plan

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