Keogh Plan
In one sentence: A largely-historical name for retirement plans for self-employed people.
What it means
Modern self-employed plans (SEP IRA, Solo 401(k), defined benefit plans) replaced Keogh terminology, though the concept lives on.
In one sentence: A largely-historical name for retirement plans for self-employed people.
Modern self-employed plans (SEP IRA, Solo 401(k), defined benefit plans) replaced Keogh terminology, though the concept lives on.