Individual Retirement Arrangement (IRA)
A savings account for individuals that provides for special tax treatment on savings set aside money for retirement. The most common types of IRAs are the Roth IRA and the traditional IRA. See qualified Account; Roth IRA; tax-qualified account.

Browse by Subjects

Popular Taxes Terms

building society
contract work
covered option
currency fluctuations
consolidated balance sheet
claims department
grey market
compliance test
professional fees