Meaning Of The Word IRA

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IRA Meaning

IRA Definition
IRA Definition

What's The Definition Of IRA?

IRA
countable noun: An IRA is a type of savings account where the money you put in and the interest you earn is not taxable until you retire. IRA is an abbreviation for 'Individual Retirement Account.'

Ira in American English
a masculine name
abbreviation
noun: a male given name: from a Hebrew word meaning “ watchful”

IRA in American English 1
a personal retirement plan whereby a limited amount of annual earned income may be saved or invested in specially designated accounts, with taxes on the earnings deferred until retirement: for some individuals, income placed in such accounts is deductible

IRA in American English 2
Irish Republican Army

IRA in British English
abbreviation for: (in the US) individual retirement account

IRA in Finance
abbreviation: An IRA is a retirement account that allows a person to set aside a certain amount of money each year, with the tax on the earnings deferred until withdrawals begin.

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