What is the meaning of IRA?

IRA means Individual Retirement Account. A retirement account with tax advantages. Individuals may contribute money annually to an' IRA' based on how much they've earned (such as wages) or up to IRS-established limits, some of which are age- and income related. Contribution and withdrawal rules also are based on the type of IRA: traditional (either deductible or non-deductible) or Roth.

4
 
|15 years ago|669 views|share |citing 
APABarry Goldsmith. (2010). ira. Retrieved September 21, 2026, from http://smartdefine.org/ira/definitions/1156587
ChicagoBarry Goldsmith. 2010. "ira" http://smartdefine.org/ira/definitions/1156587 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, ira, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/ira/definitions/1156587>.
MLABarry Goldsmith. "ira" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/ira/definitions/1156587>
{ class="autoclick" }next definition (/)