MLchartDataset catalogue

Keogh Act plan

Term · Insurance and risk management · MLC-T-INS-001947

A tax-deferred retirement plan available to self-employed individuals and small business owners, allowing them to contribute a portion of their earnings to a retirement account. These plans, also known as HR-10 plans, offer tax advantages similar to those of corporate retirement plans. Contributions are tax-deductible, and earnings grow tax-deferred until withdrawal in retirement.

Table 1. Record
IdentifierMLC-T-INS-001947
FieldInsurance and risk management
SubjectEmployment Practices Liability
Record as JSON 
{
  "id": "MLC-T-INS-001947",
  "term": "Keogh Act plan",
  "field": "Insurance and risk management",
  "definition": "A tax-deferred retirement plan available to self-employed individuals and small business owners, allowing them to contribute a portion of their earnings to a retirement account. These plans, also known as HR-10 plans, offer tax advantages similar to those of corporate retirement plans. Contributions are tax-deductible, and earnings grow tax-deferred until withdrawal in retirement.",
  "subject": "Employment Practices Liability",
  "url": "https://mlchart.com/terminology/insurance/keogh-act-plan/"
}

Record 1,887 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.