Individual Retirement Account

ˌIndividual Reˈtirement Acˌcount noun

→ see IRA

From Longman Business Dictionary

Related topics: Conditions of employment

individual retirement accountˌindividual reˈtirement acˌcount abbreviation IRA [countableC]

HUMAN RESOURCES in the US, a savings account for a worker whose employer does not offer a RETIREMENT PLAN. The worker usually puts a specific amount of money into the account at regular times in order to save money for when they stop work

Some firms allow you to borrow from your Individual Retirement Account without penalty provided you return the money within 60 days.

→ account

单词	Individual Retirement Account
释义	Individual Retirement Account ˌIndividual Reˈtirement Acˌcount noun → see IRA From Longman Business Dictionary Related topics: Conditions of employment individual retirement accountˌindividual reˈtirement acˌcount abbreviation IRA [countableC] HUMAN RESOURCES in the US, a savings account for a worker whose employer does not offer a RETIREMENT PLAN. The worker usually puts a specific amount of money into the account at regular times in order to save money for when they stop work Some firms allow you to borrow from your Individual Retirement Account without penalty provided you return the money within 60 days. → account
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