A type of savings plan that helps you save for retirement during your working years by allowing you to make contributions up to a certain limit each year and offers certain tax advantages. Two types of IRAs are: (1) traditional IRA, which allows for tax deductible contributions and (2) a non-deductible IRA, which has non-deductible contributions.

Individual retirement accounts (IRAs) provide tax incentives to encourage people who earn income to invest for retirement. You open an IRA with a financial services firm, such as a bank, brokerage firm, or investment company, as custodian. The accounts are self-directed, which means you can choose among the investments available through your custod [..]

A savings retirement account set up with a bank, mutual fund, brokerage firm that allows people to set aside a portion of their income each year. Like other private pension plans, income diverted to a [..]

A retirement plan established by an individual that allows annual contributions of income and provides some tax advantages.

A qualified retirement account for individuals. Contributions to a Traditional IRA may be fully or partially deductible, depending on your individual circumstance. Distributions from Traditional IRA and most other employer-sponsored retirement plans are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income ta [..]

Definition IRA. A tax-deferred retirement account for an individual that permits individuals to set aside money each year, with earnings tax-deferred until withdrawals begin at age 59 1/2 or later (or [..]

Individuals, whether they are covered by a pension or not, are now permitted to save money on a tax-deferred basis in a qualified IRA plan. Although money can be withdrawn, a 10% penalty has been plac [..]

or Arrangement (abbreviated as IRA) is a United States specific retirement account, which helps people save for old age and retirement in the US. An IRA has several tax advantages due to the nature of [..]

often cap I&R&A : ira

A tax-deferred savings account in which the employee contributes no more than a set maximum amount annually

One of several popular types of retirement funds. It is not legal to borrow money from your IRA to help pay for your children's education.

A personal savings plan that allows an individual to make cash contributions per year dependent on the individual'sadjusted gross income and participation in an employer's retirement plan. U [..]

A retirement savings program for individuals to which yearly tax-deductible contributions up to a specified limit can be made. The amount contributed is not taxed until withdrawn. Withdrawal is not pe [..]

An individual retirement plan that allows an individual to make annual contributions up to $2,000 ($2,250 for one-income married couples). In certain instances, such contributions are tax-deductible.

An account in which an individual may set aside earned income in a tax-deferred savings plan for his or her retirement. There are two types of IRAs, traditional and Roth, each with its own qualifications and rules governing contributions and withdrawals.

A retirement savings account for individuals. Deposits may be tax-deductible. These contributions cannot exceed specific amounts without penalties.

A tax-deferred retirement savings account that allows individuals to deposit a limited amount per year ($3,000 for individuals in 2002). A traditional IRA may allow individuals, depending on their inc [..]

A retirement account that allows an individual to set aside money each year, in which earnings grow tax-deferred until withdrawals may begin at age 59 1/2 or later (or potentially earlier, with penalties incurred).

Allows taxpayers to direct pre-tax income into a retirement account. Distributions are treated as normal income and are subject to income taxes.

A retirement plan that allows workers to set aside money each year in tax-deferred savings

A tax-deferred retirement savings account that allows individuals to deposit a limited amount per year ($3,000 for individuals in 2002). A traditional IRA may allow individuals, depending on their income and participation in employer-sponsored retirement plans, to deduct part or all of their contributions on their tax returns. Withdrawals made afte [..]

A tax-deferred retirement savings account that allows individuals to deposit a limited amount per year ($3,000 for individuals in 2002). A traditional IRA may allow individuals, depending on their inc [..]

Contributions to a traditional IRA are deductible from earned income in the calculation of federal and state income taxes if the taxpayer meets certain requirements. The earnings accumulate tax deferr [..]

This is an account you can use to save for retirement. You can put in a certain amount of money each year. This amount can be deducted from the taxable income you report. Contributions and interest ar [..]

An individual retirement account (IRA) plan is a type of retirement savings plan. Contributions to a traditional IRA are made by employees using before-tax exclusions from income. Contributions to a R [..]

A qualified retirement account for individuals. Contributions to a Traditional IRA may be fully or partially deductible, depending on your individual circumstance. Distributions from Traditional IRA a [..]

Contributions to a traditional IRA are deductible from earned income in the calculation of federal and state income taxes if the taxpayer meets certain requirements. The earnings accumulate tax deferr [..]

n. cuenta personal de jubilación, cuenta de retiro individual (CRI)

A retirement savings account for individuals that offers the potential of its deposits being tax-deductible. Consult your financial consultant or tax advisor to learn more.

An account to which an individual can make annual contributions of 100% of earnings up to $2,000 ($2,250 for a one-income married couple). These contributions are tax deductible for most workers, and [..]

An account that gives individuals the ability to direct a pretax income, which is limited to a specified annual amount, towards investments that grow tax-deferred.

A tax-deferred retirement account. In 2014 the annual contribution limit is $5,500. If you are 50 or older, you can contribute even more to an IRA - $6,500 in 2014. While the contributions may or may not be tax-deductible, depending on the type of IRA, a person’s income and the existence of a pension plan at work, earnings in both deductible and no [..]

An account that permits individuals to set aside money for retirement, with earnings tax-deferred until withdrawals begin at age 59½ or later. (Required minimum distributions from an IRA begin at age [..]

An account to which an individual can make annual contributions of 100% of earnings up to $2,000 ($2,250 for a one-income married couple). These contributions are tax deductible for most workers, and [..]

A qualified retirement account for individuals. Contributions to a Traditional IRA may be fully or partially deductible, depending on your individual circumstance. Distributions from Traditional IRA a [..]

A tax-deferred account to which an eligible individual can make annual contributions up to $3,000 ($6,000 for a single-income married couple filing a joint income tax return).

A qualified retirement account for individuals. Contributions to a Traditional IRA may be fully or partially deductible, depending on your individual circumstance. Distributions from Traditional IRA and most other employer-sponsored retirement plans are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income ta [..]

A self-funded retirement plan (a plan that an individual, not an employer, establishes and funds) that provides tax benefits. There are several different types of IRAs, including Traditional IRA, Roll [..]

An Individual Retirement Account (IRA) is a personal savings plan that offers tax advantages to those who set aside money for retirement. Depending on the individual's circumstances, contributions to the IRA may be deductible in whole or in part. Generally, amounts in an IRA, including earnings and gains, are not taxed until distributed to the [..]

A retirement account that allows an individual to set aside money each year, in which earnings grow tax-deferred until withdrawals may begin at age 59 1/2 or later (or potentially earlier, with penalt [..]

Tax-deferred retirement account for an individual that permits individuals to set aside monies each tax year (the amount is determined annually by the Internal Revenue Service) as well as additional m [..]

A tax-free reinvestment of a lump-sum distribution from a qualified retirement plan into an IRA or other qualified plan within 60 days in order to avoid a penalty for early withdrawal. Withdrawals are subject to income tax, and if made prior to age 59 ½, may be subject to a 10% IRS penalty.

An individual, tax-deferred retirement account for employed persons. Subject to certain limits, contributions are deductible from gross income earned that year. Interest and profits accumulate tax-deferred until the funds are withdrawn at age 59½ or later. Early withdrawals are subject to a 10% penalty. Withdrawals also may be subject to income tax [..]

A savings account that offers significant tax advantages and is designed to be accessed upon retirement.

A retirement investing tool for employed individuals that allows an annual contribution of 100% of earned income up to a specified maximum amount. The contribution may be deductible from income taxes, depending on the individual’s income and coverage by an employer-sponsored retirement plan. IRA accounts can be Traditional or Roth IRA accounts. Eac [..]

A retirement savings program for individuals to which yearly tax-deductible contributions up to a specified limit can be made. The amount contributed is not taxed until withdrawn. Withdrawal is not permitted without penalty until the individual reaches age 59 1/2.

An investment with specific tax advantages. A traditional IRA defers taxes on earnings until withdrawal and, under certain circumstances, allows the deduction of some contributions from current taxabl [..]

One of several popular types of retirement funds. It is not legal to borrow money from your IRA to help pay for your children's education.

One of several popular types of retirement funds. It is not legal to borrow money from your IRA to help pay for your children's education.

An investing tool used by individuals to earn and earmark funds for retirement savings. There are several types of IRAs including Traditional IRAs and Roth IRAs.

A retirement account that may be established by an employed person. IRA contributions are tax deductible according to certain guidelines, and the gains in the account are tax-deferred.