Keogh plan
A Keogh works like the typical corporate-defined benefit or profit-sharing plans, but is specifically for non-incorporated businesses. Basically, you can sock away up to 25% of your after-tax earnings for up to $30,000 a year.
Keogh plan
Dictionary: Ke-ogh plan (k"'ō)
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Definition
Keogh plan
A tax-deferred retirement plan for self-employed individuals that allow for making tax-deductible payments for themselves and their employees. Most plans have a maximum contribution limit of $30,000 per individual.
Keogh plan
Definition:
A Type of pension Account in which taxes are deferred. Available to those who are self-employed. ...
The Keogh plan requires that the contributions be made in cash, but they can be invested in a variety of ways. Vested assets are held in trust for employees and can be rolled over into an IRA if they leave the business.
Keogh Plan
A tax deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes.
Keogh plan
A tax-deferred retirement-savings plan for small-business owners or self-employed people who have earned income from their trade or business. Contributions to the Keogh plan are tax-deductible.
Keogh Plan
Special accounts where you can save and invest, and the taxes are deferred until money is withdrawn. These plans are subject to frequent changes in law with respect to the deductibility of contributions.
Keogh Plan
Definition: A retirement plan set up by a self-employed individual for himself and his employees (if applicable). The money grows tax-deferred. TeenAnalyst Advice: Keogh plans are like 401(k) plans for self-employed people.
Keogh Plan
The tax-deferred qualified retirement plan for unincorporated businesses and self-employed individuals.
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Keogh plan
A type of pension account in which taxes are deferred. Available to those who are self-employed.
Key industry
An industry that plays a critical role in a nation's economy.
Keogh Plan: See Keogh Plan under Retirement.
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liability: Claim on the assets of a company or individual--excluding ownership equity.
Keogh Plan: A qualified retirement plan for self-employed individuals and their employees to which tax-deductible contributions up to a specified yearly limit can be made if the plan meets certain requirements of the Internal Revenue Code.
Keogh plan - Tax-advantaged personal retirement program that can be established by a self-employed individual. (See: IRA)
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Keogh Plan - A personal retirement program for self-employed people.
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Leveraged Buy-Out - The "takeover" or acquisition of a company largely accomplished through the use of borrowed money.
Keogh Plan - Tax-deferred retirement plan for a self-employed and unincorporated person or a person who has earned extra income aside from regular employment through personal services.
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Keogh Plan: A pension account where taxes are deferred and it is generally available to those who are self-employed.
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Keogh Plan: A qualified tax-deferred retirement plan for persons who are self-employed and unincorporated or who earn extra income through personal services aside from their regular employment.
Keogh plan A federally approved, defined-contribution retirement program that permits small-business owners and self-employed workers to set aside savings on a tax-deferred basis.
Keogh plans, traditional IRAs, and Roth IRAs are great ways to stretch your investing dollars and provide for your future retirement.
com Keogh Plan A tax-deferred retirement plan for self-employed persons, and unincorporated businesses. Also known as self-employed pension. KES The ISO currency code for the Kuwaiti Dinar.
For other types of IRAs, see Keogh plan, Simplified Employee Pension (SEP) plan, 401(k), Roth, or Rollover IRA.
of FDIC protection for retirement accounts to $250,000. Retirement accounts include Roth IRAs, traditional IRAs, Simplified Employee Pensions (SEP), SIMPLE IRAs, Section 457 deferred compensation accounts, 401k plans, and self-directed Keogh plans.
These adjustments are permitted even if the taxpayer does not itemize deductions during a tax year. Allowable adjustments of particular interest to investors are interest penalties on early savings withdrawals and payments into IRAs and Keogh plans.
 See also: Investment, Retirement, Stock, Account, Market
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