plural IRAs
: a retirement savings account in which income taxes on certain deposits and on all gains are deferred until withdrawals are made

IRA

2 of 2

abbreviation

Irish Republican Army

Examples of IRA in a Sentence

Abbreviation a representative of the IRA
Recent Examples on the Web
Noun
Here’s a primer Today in History: Aug. 4, massive explosion rocks Beirut Racist, sexist name-calling will not work | Letters to the editor ASK IRA: Will the Heat regret casting aside the shooting of Cole Swider? Sun Sentinel, 5 Aug. 2024 The regulations are taxpayer-friendly and helpful for IRA owners, plan participants and their beneficiaries. Elliot Raphaelson, Orlando Sentinel, 2 Aug. 2024 His feature film debut was 2008’s Hunger, starring Michael Fassbender as a starving IRA hunger striker. Zac Ntim, Deadline, 1 Aug. 2024 Fassbender plays Bap’s father and a bearded former IRA man now in hiding (in reality, his dad is Gearóid Ó Cairealláin, a playwright, journalist and Irish-language activist). Alex Ritman, Variety, 1 Aug. 2024 See all Example Sentences for IRA 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'IRA.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

Noun

initialism from individual retirement account or individual retirement arrangement

First Known Use

Noun

1974, in the meaning defined above

Time Traveler
The first known use of IRA was in 1974

Dictionary Entries Near IRA

Cite this Entry

“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 19 Aug. 2024.

Legal Definition

: an account in which a person may deposit up to a stipulated amount each year and that is not taxable until retirement or early withdrawal

Note: Deposits to an IRA may not be completely or partially deductible from adjusted gross income if one's income exceeds a set level.

Etymology

Noun

individual retirement account

More from Merriam-Webster on IRA

Last Updated: - Updated example sentences
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