Keogh pension plan


 

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Keogh pension plan

In the US, a tax deferred retirement savings plan for the self employed. Contributions are based on a percentage of earned income and are tax deductible. Investment growth is tax deferred until the withdrawal of capital.



Similar Matches

Simplified employee pension plan

Simplified employee pension plan

A pension plan, set up by an employee, in which both employer and employee contribute to an Individual Retirement Account (IRA).


Pension plan

Pension plan

An investment plan which can provide a lump sum on and an income after retirement. A pension plan is sometimes used as a way of providing a lump sum to repay the capital of an interest only mortgage.


Simplified Employee Pension (SEP) plan

Simplified Employee Pension (SEP) plan

A pension plan in which both the employee and the employer contribute to an individual retirement account. Also available to the self-employed.


Non contributory pension plan

Non contributory pension plan

A pension plan in which an employee does not make contributions. The plan is funded totally by the employer.


Advance funded pension plan

Advance funded pension plan

A pension plan in which funds are set aside in advance of the date of retirement.


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