What is another word for individual retirement account?

Pronunciation: [ˌɪndɪvˈɪd͡ʒuːə͡l ɹɪtˈa͡ɪ͡əmənt ɐkˈa͡ʊnt] (IPA)

When it comes to financial planning for the golden years, an individual retirement account (IRA) is a popular way to save money and build wealth. However, there are alternative names and acronyms associated with this type of retirement savings account. Some synonyms include: personal retirement account (PRA), retirement savings account (RSA), self-directed retirement account (SDRA), and independent retirement account (IRA). Additionally, there are different types of IRAs such as traditional, Roth, and SEP (Simplified Employee Pension) IRAs. It's important to understand the different options available when saving for retirement to determine the best fit for your financial goals.

Synonyms for Individual retirement account:

What are the hypernyms for Individual retirement account?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Individual retirement account?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

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