Individual retirement account definition

Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).
Individual retirement account means an individual retirement account under Section 408 of the Code, a Roth IRA under Section 408A of the Code, a simplified employee pension under Section 408(k) of the Code or a simple retirement account for employees under Section 408(p) of the Code.
Individual retirement account or “IRA” means the types of eligible retirement plans specified in A.R.S. § 38-770(D)(3)(a) and (b).

Examples of Individual retirement account in a sentence

  • Individual retirement account (“IRA”) transactions cost more to process and may require PGG to assume certain risks.


More Definitions of Individual retirement account

Individual retirement account or "IRA" means a Roth or traditional individual retirement account
Individual retirement account or “IRA” means any account or annuity described in Code section 4975(e)(1)(B) through (F), including, for example, an individual retirement account described in section 408(a) of the Code and a health savings account described in section 223(d) of the Code.
Individual retirement account means a Roth IRA;
Individual retirement account. ’ or ‘‘IRA’’ means—
Individual retirement account or "XXX" means an account created by trust for the exclusive benefit of an individual or his or her beneficiaries in accordance with the provisions of Section 408 of the IRC.
Individual retirement account or “IRA” means the individual retirement account established by or for a Participating Employee under the Program.
Individual retirement account means an account that satisfies the requirements of section 408(a) of the Internal Revenue Code which is established by an officer of the relief association in the name of the member or other benefit recipient at a federally insured financial institution.