Individual Retirement Account (IRA)

Definition of "Individual Retirement Account (IRA)"
  1. A personal retirement plan that permits yearly income contributions and offers tax benefits
How to use "Individual Retirement Account (IRA)" in a sentence
  1. He decided to open an Individual Retirement Account to prepare for his future.
  2. She contributed part of her salary to her Individual Retirement Account each year for tax benefits.
  3. The financial advisor highlighted the benefits of an Individual Retirement Account for long-term retirement planning.
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