Investor Glossary-keogh planInvestor Glossary-keogh planInvestor Glossary-keogh planInvestor Glossary-keogh planInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Keogh Plan

The HTML to link to this page
 

A Keogh plan is a retirement plan for self-employed individuals and unincorporated businesses, and their employees. A Keogh plan is a qualified retirement plan, meaning that it qualifies for tax benefits--in the case of the Keogh plan, tax deferral until age 59. The individual is required to take distributions from the Keogh plan at age 70. The maximum amount that can be contributed generally changes each year. A person who is employed but who also receives self-employment income is eligible to open up a Keogh plan. The IRS requires that employees under a Keogh plan be at least 21, be full-time, and have worked for at least one year. A Keogh plan may be a defined benefit plan or a defined contribution plan.



Rate this Keogh Plan definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: diluted share, real GDP, ex-dividend, FICO score, option premium, Zero Cost Collar, wholly-owned subsidiary, required rate of return, FTSE, LIBOR, labor relations, 144a, EBITDA, irrevocable trust, balance sheet, risk management, 401a, 1035 exchange, annual return, retained earnings, debt service coverage, 1031 exchange, Key Rate Duration, dividends payable, implied volatility, class C shares, quality assurance, in escrow, deferred revenue, minority interest, ex-dividend date, reverse mortgage, per diem, APR, liquidity ratio, current ratio, margin rate, cancelled check, open position, stock market close, VIX, inflation, stock split, command economy, limit order, phantom income, covered put, average price per share, deferred tax


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use