qualified plans

What Type Of Plan Is A Keogh Plan?

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What Type Of Plan Is A Keogh Plan? Keogh plans are tax-deferred pension plans—either defined-benefit or defined-contribution—used for retirement purposes by either self-employed individuals or unincorporated businesses, while independent contractors cannot use a Keogh plan. What type of plan is a Keogh? Keogh plans are tax-deferred pension plans—either defined-benefit or defined-contribution—used for retirement purposes by

Is Keogh An IRA?

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Is Keogh An IRA? Posttax contributions can be made to IRA accounts, but Keogh contributions offer higher tax deductions. In addition, Keoghs offer plan choices geared toward self-employed individuals or small business owners, whereas IRAs are restricted to individuals. What type of plan is a Keogh plan? Keogh plans are tax-deferred pension plans—either defined-benefit or