IRA, which stands for both Individual Retirement Account and the broader classification of Individual Retirement Arrangement, is a government regulated individual retirement plan for retirement savings with tax advantage.
What does IRA stand for?
IRA stands for Individual Retirement Arrangement (IRS)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of IRA
We have 238 other meanings of IRA in our Acronym Attic
- Impulse Radiating Antenna
- Incubateur Régional d'Aquitaine (French: Aquitaine Regional Incubator; Aquitaine, France)
- Independent Regulatory Agency
- Independent Reporting Activity
- Independent Research Agency
- Indian Removal Act of 1830
- Indian Reorganization Act
- Indiana Rehabilitation Association
- Individual Retirement Account
- Individual Retirement Annuity (life insurance)
- Individual Right of Action (legal claim)
- Individualized Residential Alternative (New York)
- Industrial Rope Access
- Informal Rate Agreement
- Information Requirement Analysis
- Information Research and Analysis (University of North Texas; Denton, TX)
- Information Research Associates
- Information Retrieval Agent
- Information Retrieval for Advertising (workshop)
- Inherited Runs Allowed (baseball pitching statistic)
Samples in periodicals archive:
408-4(b)(4)(ii), and Publication 590, Individual Retirement Arrangements (IRAs), provide that the rollover limitation is applied on an IRA-to-IRA basis.
Covering recent updates such as the Health Care Law's tax consequences and year-end conversion planning, Richmond and Curfman joined over 200 of the nation's top financial professionals who are dedicated to solving the country's biggest and most complex financial problem — effectively managing the distribution of assets from Individual Retirement Arrangements (IRAs).
Individual Retirement Arrangements (IRAs) are exactly what their name implies--retirement accounts that an individual can set up for her or his own benefit.
Source Income Subject to Withholding, Schedules K-1, or possibly certain Forms 1099-R, Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, and 5498, Individual Retirement Arrangement Contribution Information.
Similarly, Notice 1270, supplementing Publication 590, Individual Retirement Arrangements (IRAs), states: "If you attained age 70.
The purpose of this article is to provide guidance for practitioners retained to assist with crucial decisions to be made by non-spouse beneficiaries of individual retirement arrangements (accounts).
These tax advantages may be particularly important to individuals who lost the deductibility of individual retirement arrangement contributions when the Tax Reform Act of 1986 linked deductibility to adjusted gross income where a single person or either taxpayer on a joint return was eligible to benefit from an eligible employer-sponsored retirement plan.