Keogh Retirement Plan

Keogh Retirement Plan | Definition

An individual retirement plan for self-employed persons, named after the New York State congressman who introduced the bill in the mid-1960's. Prior to passage of this bill, self-employed individuals had no means of saving for their retirement on a before-tax basis. Earnings are tax deferred until withdrawal, which may begin at age 59-1/2.

IRA and Keogh plans are subject to frequent changes in law with respect to the deductibility of contributions.

For over 1,000 additional terms and definitions please see our Investment Glossary Guide.

Related to Keogh Retirement Plan:

Tags: Keogh Retirement Plan, Keogh Plan, Keogh Plans, Keogh Retirement Plans, Keogh Retirement Plan Definition, Keogh, Keogh Retirement Plans Definition, What is a Keogh Retirement Plan?

Disclaimer

The content of this blog is in no way a means of financial advice or a solicitation to sell any investment or product. This website is for informational purposes only and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments nor an endorsement of any particular investment advisor firm or individual.

No warranty or guarantee of any kind, expressed or implied, is given regarding the accuracy, reliability, veracity, or completeness of the information provided here or by following links from this or any other page within this site, and under no circumstances will the author or service provider be held responsible, or liable for errors, or omissions resulting in any loss or damage caused or alleged to be caused by information contained in the material presented on the site, including but not limited to direct, indirect, incidental, special or consequential damages caused by using the information.

Richard C. Wilson's Blog