MLchartDataset catalogue

Keogh plan

Term · Law · MLC-T-LAW-002889

A tax-deferred retirement plan available to self-employed individuals and small business owners. It allows contributions to be made with pre-tax dollars, reducing current taxable income, and earnings grow tax-free until withdrawal in retirement. Keogh plans must comply with specific Internal Revenue Service (IRS) regulations regarding contribution limits and eligibility.

Table 1. Record
IdentifierMLC-T-LAW-002889
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002889",
  "term": "Keogh plan",
  "field": "Law",
  "definition": "A tax-deferred retirement plan available to self-employed individuals and small business owners. It allows contributions to be made with pre-tax dollars, reducing current taxable income, and earnings grow tax-free until withdrawal in retirement. Keogh plans must comply with specific Internal Revenue Service (IRS) regulations regarding contribution limits and eligibility.",
  "url": "https://mlchart.com/terminology/law/keogh-plan/"
}

Record 2,832 of 5,441 in Law terminology (MLC-0107). Request the full dataset.