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Examples of individual retirement account in a Sentence
Recent Examples on the Web
The average individual retirement account balance also rose 18% year over year to $129,200 in the third quarter of 2024.
—Jessica Dickler, CNBC, 6 Dec. 2024
But in recent years, in an effort to increase Americans' retirement savings efforts, some states have begun to offer IRA enrollment through automatic individual retirement account programs (or auto-IRAs).
—Becca Stanek, theweek, 28 Nov. 2024
Qualified charitable distributions, or QCDs, are direct transfers from an individual retirement account to a non-profit organization.
—Kate Dore, Cfp®, CNBC, 27 Nov. 2024
Higher income thresholds for IRAs The IRS did not increase the contribution limits for individual retirement accounts, known as IRAs.
—Jeanne Sahadi, CNN, 1 Nov. 2024
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Word History
First Known Use
1974, in the meaning defined above
Time Traveler
The first known use of individual retirement account was
in 1974
Dictionary Entries Near individual retirement account
Cite this Entry
“Individual retirement account.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/individual%20retirement%20account. Accessed 15 Dec. 2024.
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