individual retirement account
nounDefinition of individual retirement account
: ira
Examples of individual retirement account in a Sentence
Recent Examples on the Web
These are typically from traditional individual retirement accounts held by taxpayers 70½ and older. — Laura Saunders, WSJ, "It’s Time to Start Paying Your Taxes Like a Billionaire," 30 Nov. 2018 That means many retirees face a jigsaw puzzle of payments, requiring them to piece together an income from their workplace retirement stashes and individual retirement accounts to supplement Social Security. — Ann Carrns, New York Times, "No Pension? You Can ‘Pensionize’ Your Savings," 1 Mar. 2018 Younger retirees are more vulnerable to unexpected expenses, and his rule applies only to tax-advantaged 401(k)s and individual retirement accounts for as long as 30 years. — Veronica Dagher, WSJ, "The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing," 3 Nov. 2018 The overhaul didn’t change charitable transfers from individual retirement accounts, or IRAs. — WSJ, "WSJ Tax Guide 2019: Retiree Tax Issues," 15 Feb. 2019 Most leakage occurs because about 30% to 40% of people leaving jobs elect to cash out their accounts and pay taxes or penalties rather than leave the money or transfer it to another 401(k) or an individual retirement account. — Anne Tergesen, WSJ, "The $210 Billion Risk in Your 401(k)," 10 Oct. 2018 Banking Trouble The Journal reports that the Labor Department is examining whether Wells Fargo has been pushing participants in low-cost corporate 401(k) plans to roll their holdings into more expensive individual retirement accounts at the bank. — Gerard Baker, WSJ, "The 10-Point.," 27 Apr. 2018 The plan would enable businesses to provide workers with access to Roth individual retirement accounts overseen by the state. — Tara Siegel Bernard, New York Times, "New York Envisions a State-Run Retirement Plan for Private Workers," 2 Apr. 2018 The New York State Secure Choice Savings Program, for example, will be voluntary — employers will not be obliged to sign up and will be responsible only for enabling payroll deductions to the Roth individual retirement accounts. — Tara Siegel Bernard, New York Times, "New York Envisions a State-Run Retirement Plan for Private Workers," 2 Apr. 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'individual retirement account.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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