Individual Retirement Account
tax-deferred trust fund into which individual employees can deposit part of their salaries for withdrawal after retirement, IRA | ||||
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Individual retirement account definition was found in categories: Business & Finance(1) Language, Idioms & Slang(2) Encyclopedia(1)
Individual retirement account Definition from Business & Finance Dictionaries & Glossaries
Individual retirement account Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
individual retirement account
Noun
1. 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
(synonym) IRA
(hypernym) pension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program
Noun
1. 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
(synonym) IRA
(hypernym) pension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program
| hEnglish - advanced version |
individual retirement account
individual retirement account
n : 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 [syn: ira]
individual retirement account
n : 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 [syn: ira]
Individual retirement account Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Individual Retirement Account
An Individual Retirement Account (or IRA) is a retirement plan account that provides some tax advantages for retirement savings in the United States.
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