individual retirement account vs retirement savings account
retirement savings account vs individual retirement accountindividual retirement account and retirement savings account both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| individual retirement account | Yes | No | No | No |
| retirement savings account | Yes | No | No | No |
As nouns,
retirement savings account is a hypernym of
individual retirement account; that is, retirement savings account is a
word with a broader meaning than individual retirement account:
- individual retirement account: 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
- retirement savings account: a plan for setting aside money to be spent after retirement
Other hypernyms of individual retirement account include
pension account, pension plan, retirement account, retirement plan, retirement program, retirement savings plan.
| individual retirement account (noun) | retirement savings 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 |
Words related to "individual retirement account"
© WordCmp.com 2024,
CC-BY 4.0 / CC-BY-SA 3.0.