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Individual retirement account

💡 Words with a Similar Meaning to "Individual retirement account"

Found via reverse dictionary — words that share a conceptual meaning.

WordDefinition
iranounA male given name from Hebrew, mostly of American usage.
registered retirement savings planA registered retirement savings plan, or retirement savings plan, is a Canadian financial account intended to provide retirement income, but accessible at any time.
roth iranoun(US, finance) A particular kind of IRA (individual retirement account), used for its tax-related benefits.
individual savings accountAn individual savings account is a class of retail investment arrangement available to residents of the United Kingdom.
private pensionA private pension is a plan into which individuals privately contribute from their earnings, which then will pay them a pension after retirement.
defined contribution planA defined contribution plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis.
health savings accountA health savings account is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan.
social securitynoun(US) A specific such social benefit providing income in retirement or disability.
tax-free savings accountA tax-free savings account is an account available in Canada that provides tax benefits for saving.
pension fundnounA pool of assets forming an independent legal entity that are bought with the contributions to a pension plan for the exclusive purpose of financing pension plan benefits.
personal pensionnoun(UK, pensions) A pension plan that is funded entirely by individual contributions rather than any employer contributions.
internal revenue code section 162Section 162(a) of the Internal Revenue Code ((a)), is part of United States taxation law.
flexible spending accountIn the United States, a flexible spending account, also known as a flexible spending arrangement, is one of a number of tax-advantaged financial accounts, resulting in payroll tax savings.
annuitynoun(insurance, pensions) A right to receive amounts of money regularly over a certain fixed period, in perpetuity, or, especially, over the remaining life or lives of one or more beneficiaries.
discretionary accountnoun(finance) An account managed by a professional on behalf of a wealthy individual.
certificate of depositnounA type of bank account representing a time deposit, which is insured, with a specific, fixed term, and, usually, a fixed interest rate.
income drawdown—
endowment policynouna life assurance savings scheme designed to pay out a lump sum when the policy matures
asset-protection trustIn trust law, an asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis.
self-invested personal pensionA self-invested personal pension is the name given to the type of UK government-approved personal pension scheme which allows individuals to make their own investment decisions from the full range of investments approved by HM Revenue and Customs.

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