Proper noun
IRAS
(astronomy, NASA) Initialism of Infrared Astronomical Satellite (the first space telescope to perform a survey of the entire night sky at infrared wavelengths.)
IRAs are intended for retirement. Max Baucus
Unlike every other retirement vehicle, such as IRAs and 401(k)s, you receive a tax deduction for making contributions to your HSA but don't have to pay income taxes on withdrawals. Paul Zane Pilzer
And if you’d like to consider other ways to respond to the new laws that limit stretch IRAs, you’ll also want to consult with your estate planning professional. Source: Internet
How to Manage Retirement Withdrawals to Pay Less in Taxes and Maximize Income” for more insight on how to manage withdrawals from IRAs. Source: Internet
A typical scenario is this: parents die and the kids inherit the IRAs; the kids could take RMDs over their lifetimes and let the IRAs continue to have tax-deferred investment growth. Source: Internet
Also, keep in mind that beneficiaries of Roth IRAs will not owe taxes either. Source: Internet