Keogh plans

Cultural  

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

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Example Sentences

Those figures include Keogh plans, an equivalent of the IRA designed for self-employed individuals.

From Time Magazine Archive

Another source: $35 billion from individuals seeking to set up their own Keogh plans and individual retirement accounts, the latter provided under a law opening such benefits to all employees as of January 1982.

From Time Magazine Archive

When Congress wanted to encourage oil exploration, it granted the oil-depletion allowance that originally permitted drillers to write off their first 27�% of profits; when it wanted to encourage ordinary citizens to arrange their own pensions, it authorized Individual Retirement Accounts and Keogh plans, which exempt certain types of savings and investments from taxation.

From Time Magazine Archive