Individual Retirement Account IRA
Stock Investing Definition

The definition of Individual Retirement Account IRA is:

A retirement savings plan that allows individuals to save for retirement on a tax-deferred basis. Individuals may contribute up to $2ꯠ per year in an individual account. For spousal accounts, the limit is $4ꯠ. The amount that is tax deductible varies according to an individualís access to pension coverage, income tax filing status, and adjusted gross income.

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Audio Investing BookThese audio CDs contain over 2 hours of straightforward and practical investing advice that anyone can understand. Listen to an audio clip.