Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun individual_retirement_account

1 sense of individual retirement account

Sense 1
individual retirement account, IRA -- (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)
       => pension plan, pension account, retirement plan, retirement savings plan, retirement savings account, retirement account, retirement program -- (a plan for setting aside money to be spent after retirement)