Keogh Plan

Definition

A tax-deferred qualified retirement plan for self-employed individuals and unincorporated businesses. also called self-employed pension.

Use Keogh Plan in a sentence

We made a keogh plan and thought it would be god for everyone cause it involved their retirement and everything.

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We had decided to place the client in a keogh plan as he was running his own business and wanted to plan for the future.

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When he started his small business of selling and repairing bikes thirty years ago, he took out the Keogh Plan to make sure that he would have a comfortable retirement.

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tax deferral deferred account