An IRA, which stands for an individual retirement account, is a personal savings plan that offers certain tax advantages. An IRA, or Individual Retirement Account, is a tax-advantaged retirement savings account that offers tax benefits, including income tax-free or tax-deferred. 2 senses: 1. (in the US) individual retirement account 2. Irish Republican Army. Click for more definitions. individual retirement account (IRA) To see the income charts for , refer to the IRS chart here. [Last updated in December of by the Wex Definitions. An individual retirement account (IRA) is an account made for the express purpose of saving money for retirement. A tax-deferred savings account, the IRA.
A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the. the IRA meaning: 1. abbreviation for the Irish Republican Army: an illegal organization that wants Northern Ireland. Learn more. An IRA is an account set up at a financial institution that allows an individual to save for retirement with tax-free growth or on a tax deferred basis. Roth IRA Defined. A Roth IRA is a type of retirement account that you can open at many financial services companies and add money to throughout the year. You. Individual Retirement Account (Ira) Definition A retirement plan established by an individual that allows annual contributions of income and provides some tax. An Individual Retirement Account (IRA) is a retirement savings account set up with a financial institution or brokerage firm that offers tax breaks. While you might already be invested in an employer-sponsored plan, an Individual Retirement Account (IRA) allows you to save for your retirement on the side. For purposes of this title, the term “Roth IRA” means an individual retirement plan (as defined in section (a)(37)) which is designated (in such manner as. What is 'Ira'? Learn more about legal terms and the law at sannikovmv.ru Individual Retirement Account (IRA) - A personal retirement plan that permits yearly income contributions and offers tax benefits.
An Individual Retirement Account (IRA) is designed to help you save for retirement and take advantage of tax benefits. There are two main types of IRAs. An individual retirement account (IRA) is a retirement savings plan with tax advantages that taxpayers can use to invest over the long term for retirement. 2 meanings: 1. (in the US) individual retirement account 2. Irish Republican Army. Click for more definitions. Individual Retirement Arrangements, more commonly known as IRAs, are investment vehicles you can set up on your own to save for retirement. An IRA (individual retirement account) is a personal, tax-deferred account the IRS created to give investors an easy way to save for retirement. The IRS' definition: an IRA is a trust created in the United States for the exclusive benefit of an individual or his beneficiaries. As with any trust, there. An individual retirement account (IRA) is a tax-advantaged investment account designed to help you save toward retirement. the IRA definition: 1. abbreviation for the Irish Republican Army: an illegal organization that wants Northern Ireland. Learn more. Ira definition: a male given name. See examples of IRA used in a sentence.
What's an IRA Account? IRA accounts are tax-advantaged, meaning that they feature certain tax benefits designed to encourage retirement saving. Anyone with. Individual retirement accounts (IRAs) are personal retirement savings plans that offer tax benefits and a range of investment options. An individual retirement account (IRA) is a personal retirement account that allows employees to receive tax benefits similar to those of an. Individual Retirement Account (IRA) Definition | Becker. Accounting Dictionary. Individual Retirement Account (IRA). A retirement savings account in which a. To help people prepare for their retirement, Congress in established individual retirement accounts (IRAs) (Employee Retirement Income Security Act [ERISA].
Traditional IRA vs Roth IRA
Meaning of IRA, Individual Retirement Account -- Should You Invest in IRAs for Retirement?