individual retirement account
4
5.0
- noun
- /ˈɪndɪˌvɪdʒuəl rɪˈtaɪərmənt əˈkaʊnt/
- Specialized
:
cuenta de jubilación individual
- Individuals should look at the option to invest in individual retirement accounts (IRA) and talk to a financial advisor about their own IRA options.
- individual retirement account (IRA)
- tax-deferred individual retirement accounts
- individual retirement account contribution
First up, individual retirement accounts, Iras.
- First up, individual retirement accounts, Iras.
Examples
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Chileans are required to save in individual retirement accounts.
Blog text (8) -
Such factors as women's longer life expectancy, earlier retirement age, lower rates of labor-force participation, lower salaries, and other disadvantages in the labor market are directly affecting their accumulation of funds in individual retirement accounts, leading to lower pensions, especially for poorer women.
Academic text (1999) -
It's not like everyone has their own individual retirement account, which you draw down.
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Many older persons have put substantial amounts of money into individual retirement accounts.
Academic text (2004) -
If your employer doesn't offer a retirement plan, consider opening an Individual Retirement Account, or IRA.
Blog text (10) -
Individual retirement accounts (IRAs) have proven to be a very popular investment option.
Blog text (2) -
One indicator of how difficult it is for most Americans to save is recent estimates that 40 percent of households own some type of individual retirement account (IRA).
Academic text (2007) -
The third pillar of the U.S. pension system is private retirement provisions, mainly individual retirement accounts (IRAs).
Academic text (2001) -
Some advocate for greater federal regulation of pension plans through additional rules mandating certain investments or disclosures, or, in the extreme, requiring mandatory employer and employee contributions to individual retirement accounts.
Academic text (2016) -
To secure your financial future, consider opening an individual retirement account to benefit from tax-deferred savings.
Synonyms
56
4.7
An account people use to save money for retirement with tax benefits
27
3.0
A set of savings and investments that gives you money after you stop working
21
3.0
A plan where you save money to use after you stop working
1
3.1
An account that holds money to use after you stop working
Surface Forms
Morphology
individual + retirement + account
The phrase is transparently compositional: 'individual' (personal) + 'retirement' (period after leaving work) + 'account' (financial record) clearly yields a personal financial account for retirement savings. While the specific U.S. tax-deferred rules are culture-specific and not inferable, the core meaning (a personal retirement savings account) is directly derivable and cross-linguistically familiar, so a B1 learner who knows the parts will understand it.
Etymology
Individual retirement account comes from the image of a personal account or box where one individual keeps money for retirement, the time after they stop work. Because the money is meant for that person and for that later time, the phrase now means a personal retirement savings plan with special tax rules.