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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebKeogh PlanA Keogh Plan is a type of retirement savings plan available to self-employed individuals and small business owners. It allows them to set aside a portion of their income and make tax-advantaged contributions into the plan which can grow tax-free until retirement. Usage:As a noun: John, a self-employed consultant, decided to start a Keogh Plan to ensure he has enough savings for retirement. As a verb: Self-employed individuals can Keogh a percentage of their earnings to reduce their taxable income. Related Products: | ||||
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