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Keogh plan

   Also found in: Dictionary/thesaurus, Legal, Wikipedia 0.04 sec.
Keogh Plan
A defined-benefit plan or defined-contribution plan established by a self-employed individual for him/herself and his/her employees.

Notes:
Like earnings in regular qualified plans, earnings in a Keogh accrue on a tax-deferred basis

See also: IRA, SEP
Keogh plan
A type of pension account in which taxes are deferred. Available to those who are self-employed.
Keogh plan
A federally approved retirement program that permits self-employed individuals to set aside for savings up to a specified amount. All contributions and income earned by the account are tax deferred until withdrawals are made during retirement. Investment opportunities include certificates of deposit, mutual funds, and self-directed brokerage accounts.
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But what about having that IRA or Keogh plan purchase the farmland?
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Under a QDKO, R's Keogh plan is directed to distribute $450,000 to S.
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IRAs and Keoghs: Individual retirement accounts and Keogh plans.
Racial and ethnic differences in wealth and asset choices by Choudhury, Sharmila / Social Security Bulletin
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