individual retirement account(redirected from Investment Retirement Accounts)
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individual retirement account
n. Abbr. IRA
Any of various government-sponsored accounts that offer tax incentives to people who save money for retirement.
individ′ual retire′ment account`
a savings plan that offers tax advantages to an individual depositor to set aside money for retirement. Abbr.: IRA Compare Keogh plan.
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|Noun||1.||individual retirement account - a retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred|