IRA
Legal definition for Indian law research
Definition
IRA
[individual retirement account]
: an account in which a person may deposit up to a stipulated amount each year and that is not taxable until retirement or early withdrawal NOTE: Deposits to an IRA may not be completely or partially deductible from adjusted gross income if one's income exceeds a set level.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.