Keogh plan

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Ke·ogh plan

 (kē′ō)
n.
A retirement plan for the self-employed and their employees.

[After Eugene James Keogh (1907-1989), US representative from New York.]

Ke′ogh plan`

(ˈki oʊ)
n.
a pension plan for a self-employed person or an unincorporated business.
[1970–75, Amer.; after Eugene J. Keogh (1907–89), N.Y. congressman]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.Keogh plan - a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
References in periodicals archive ?
R now has a $1 million balance in his Keogh account.
It wasn't until a few years after opening her Keogh account that Brathwaite felt comfortable using her newfound knowledge.
The Personal Liquid CD may not be established as an Individual Retirement Account (IRA) or a Keogh account.
Retirement Confidence All African Hispanic Asian Workers Americans Americans Americans Very Confident 26% 24% 19% 31% Somewhat Confident 47 42 34 44 Not Too Confident 18 24 33 18 Not At All Confident 8 8 13 6 Saving Vehicles All African Hispanic Asian Workers Americans Americans Americans 401(k) Plan 77% 68% 58% 73% Savings Account/ CD 70 65 61 66 IRA 57 42 33 60 Home/Safe Deposit Box 17 26 26 15 403(b) Plan 7 6 9 7 Keogh Account 6 4 6 8
The Flex Liquid CD is designed for business customers and may not be established as an Individual Retirement Account (IRA) or a Keogh account.
Wolf Haldenstein Adler Freeman & Herz LLP commenced a class action lawsuit in the United States District Court for the Northern District of Georgia on behalf of all persons who, from October 1, 1998 through October 1, 2001, inclusive, purchased an individual tax-deferred variable annuity contract or who received a certificate to a group deferred variable annuity contract, sold, marketed or underwritten by one of the defendants, which was used to fund a contributory (not defined benefit) retirement plan or arrangement qualified for favorable income tax treatment pursuant to Internal Revenue Code, including but not limited to an IRA, rollover IRA, Keogh account or 401(k).
The class action is brought on behalf of all persons nationwide who purchased an individual tax-deferred annuity contract or who received a certificate to a group deferred annuity contract, sold by Prudential Securities, the AEGON defendants or certain of the John Doe entities, which was used to fund a contributory (not defined benefit) retirement plan or arrangement qualified for favorable income tax treatment pursuant to Internal Revenue Code, including but not limited to an IRA, rollover IRA, Keogh account or 401(k).
If an individual has self-employment income, consider establishing a Keogh account by December 31, 1998.