Individual Retirement Arrangement

Pensions - defined contribution - US.

(IRA).

An Individual Retirement Arrangement is a tax-advantaged pension plan in the US.

The IRA trust holds investment assets bought with a taxpayer's earned income, to be accumulated for the taxpayer's future retirement.

Sometimes known as an individual retirement account.

See also

• 401(k) plan
• Annuity
• Contributions
• Defined contribution pension scheme
• Earnings
• Internal Revenue Service (IRS)
• Pension
• Stakeholder pension scheme
• Tax
• Trust
• United States