DEFINITION of 'IRA Plan'. A plan that individuals may establish to arrange and plan for retirement. Generally, an IRA plan allows you to save money and defer taxes until you retire. IRA plans have annual contribution limits that are established by the government and rise gradually with inflation; individuals age 50 and older can make slightly higher catch-up contributions. Next Up.
djembe (/'ÊÉmbÉ, 'ÊÉmbeÉª/) The djembe is the goblet shaped drum from West Africa. Abdoul Doumbia, a Djembefola from Sgou in Mali explains that the word 'jembe' comes from two Bambara words, 'Din' which means unity and 'Bin' that signifies harmony. Variations on the spelling of djembe include jembe, dynbe, djimbe, guiembe, jimbe and yembe.
Along with the S&P 500 and the NASDAQ, the DJIA is one of the oldest and most widely used market indexes in the world. Many investors choose to invest passively alongside the Dow by investing in index funds and exchange-traded funds (ETFs), which mimic the performance of specific market indexes.