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Examples of individual retirement account in a Sentence
Recent Examples on the Web
Tax forms for these may include a 1098-E for student loan interest, 5498 for individual retirement account contributions or 5498-SA for health savings account deposits.
—Kate Dore, Cfp®, Ea, CNBC, 29 Jan. 2025
One way to start the year on a positive note is by setting yourself up today to benefit from the tax breaks of an individual retirement account (IRA) over time.
—Eric Satz, Forbes, 23 Jan. 2025
There's a 1099-INT for interest; 1099-DIV for dividends; 1099-G for state and local tax refunds and unemployment benefits; 1099-R for pensions and payouts from your individual retirement accounts; 1099-B for broker transactions and barter exchanges; 1099-S for real estate transactions, etc.
—Robert W. Wood, Forbes, 21 Jan. 2025
For 2025, Direct File will add support for interest income above $1,500, pension and annuity income — excluding individual retirement accounts — and Alaska Permanent Fund Dividends, the agency announced in October.
—Kate Dore, Cfp®, CNBC, 13 Jan. 2025
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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 5 Feb. 2025.
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