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IRA vs pension account

pension account vs IRA

IRA and pension account both are nouns.

Word NounAdjectiveVerbAdverb
IRA Yes No No No
pension account Yes No No No
As nouns, pension account is a hypernym of IRA; that is, pension account is a word with a broader meaning than IRA:
  • IRA: a retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred
  • pension account: a plan for setting aside money to be spent after retirement
IRA (noun) pension account (noun)
a retirement plan that allows you to contribute a limited yearly sum toward your retirement; taxes on the interest earned in the account are deferred a plan for setting aside money to be spent after retirement
a militant organization of Irish nationalists who used terrorism and guerilla warfare in an effort to drive British forces from Northern Ireland and achieve a united independent Ireland
Difference between IRA and pension account

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