An individual retirement account[1] (IRA) in the United States is a form of pension[2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age. An individual retirement account is a type of individual retirement arrangement[3] as described in IRS Publication 590, Individual Retirement Arrangements (IRAs).[4] Other arrangements include employer-established benefit trusts and individual retirement annuities,[5] by which a taxpayer purchases an annuity contract or an endowment contract from a life insurance company.[6]
^See subsection (a) of 26 U.S.C. § 408 and the Treasury regulation at 26 C.F.R. sec. 1.408-2.
^See paragraph 37 of subsection (a) of 26 U.S.C. § 7701.
paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may...
A Roth IRA is an individualretirementaccount (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions...
An individual savings account (ISA; /ˈaɪsə/) is a class of retail investment arrangement available to residents of the United Kingdom. First introduced...
credited to or deducted from the individual'saccount. Upon retirement, the participant's account is used to provide retirement benefits, often through the...
Individual Savings Account in the United Kingdom.[citation needed] NISA was created in 2014 as a way to encourage more people to save for retirement with...
similarly to those in an individualretirementaccount (IRA) in that they may provide tax advantages if taken after retirement age, and they incur penalties...
an IndividualRetirementAccount in which physical gold or other approved precious metals are held in custody for the benefit of the IRA account owner...
Employees IndividualRetirementAccount, commonly known by the abbreviation "SIMPLE IRA", is a type of tax-deferred employer-provided retirement plan in...
original on 2016-08-20. Retrieved 2016-08-19. "IRAs, Retirement Plan and Health Savings Account (HSA) Solutions | Ascensus | NAFCU". www.nafcu.org. Retrieved...
retirement decisions by simply finding more reliable retirement options such as IndividualRetirementAccounts or Employer-Sponsored Plans. In countries around...
ESA, and formerly known as an education individualretirementaccount), is a tax advantaged investment account in the U.S. designed to encourage savings...
example, in the context of the IndividualRetirementAccount (IRA), a brokerage firm distinguishes its custodial account IRAs from trust IRAs when seeking...
retirement savings plan (RRSP) (French: régime enregistré d'épargne-retraite, REER), or retirement savings plan (RSP), is a type of financial account...
Act of 1934, US, on status of Native Americans Individualretirementaccount (or individualretirement arrangement), in the US, giving tax benefits Inflation...
A traditional IRA is an individualretirement arrangement (IRA), established in the United States by the Employee Retirement Income Security Act of 1974...
entire interest in an IRA or plan account over one's life expectancy or the joint life expectancy of the individual and his or her beneficiaries. The...
stocks, exchange-traded funds and cryptocurrencies as well as individualretirementaccounts via a mobile app introduced in March 2015. Robinhood is a FINRA-regulated...
Internal Revenue Code sections § 219 and § 408 (relating to the IndividualRetirementAccount) and sections § 410 through § 415, and § 4971, § 4974 and § 4975...