Keogh plan
Definition
A tax-deferred retirement plan primarily for the self-employed. Also called H.R. 10 plan and self-employed retirement plan.
Illustrative caselaw
See, e.g. Raymond B. Yates, M.D., P.C. Profit Sharing Plan v. Hendon, 541 U.S. 1 (2004).
See also
The New York Times (2007): "For Keogh Plans, a Technicality Could Crack a Nest Egg"
Definition from Nolo’s Plain-English Law Dictionary
A type of retirement plan for self-employed people, allowing part of their earnings to be taken from their income to accumulate tax-deferred in an investment account until withdrawn.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:18 pm
