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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Noun
Public-private partnerships like Germany’s Steelorbis or the US Clean Hydrogen Hubs (part of IRA) aim to de-risk large projects. Srishti Gupta, Interesting Engineering, 21 Sep. 2025 The program Kamrooz has created lets homeowners build wealth simply by delaying the sale of the home to a future time, literally creating a home 401(k) or IRA that allows time to pass to benefit from the appreciating value. Jennifer Castenson, Forbes.com, 18 Sep. 2025 Some brokerages, such as Fidelity, have begun offering direct cryptocurrency investments in IRA accounts, and others, such as Charles Schwab, offer access to crypto ETFs. Ryan Ermey, CNBC, 17 Sep. 2025 The law primarily affects workplace retirement accounts such as 401(k), 403(b), SIMPLE, and IRA accounts. Aliss Higham, MSNBC Newsweek, 16 Sep. 2025 See All Example Sentences for IRA

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

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Cite this Entry

“IRA.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/IRA. Accessed 26 Sep. 2025.

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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