Skip to definition.
Get the FREE one-click dictionary software for Windows or the iPhone/iPad and Android apps

Noun: individual retirement account
  1. 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
    - IRA

Derived forms: individual retirement accounts

Type of: pension account, pension plan, retirement account, retirement plan, retirement program, retirement savings account, retirement savings plan

Encyclopedia: Individual retirement account