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IRA vs pension plan

pension plan vs IRA

IRA and pension plan both are nouns.

Word NounAdjectiveVerbAdverb
IRA Yes No No No
pension plan Yes No No No
As nouns, pension plan is a hypernym of IRA; that is, pension plan 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 plan: a plan for setting aside money to be spent after retirement
IRA (noun) pension plan (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 plan

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