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Keogh plan

[kee-oh]
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noun
  1. a pension plan for an unincorporated business entity or self-employed person.

Origin of Keogh plan

1970–75, Americanism; after Eugene J. Keogh (born 1907), N.Y. congressman
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
keogh plans in Culture

Keogh plans

Retirement plans similar to 401(k) plans but for income derived from self-employment.

The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.