Financial Glossary
Here you’ll find clear and concise explanations of key financial terms and concepts. Our goal is to help you better understand essential topics across the financial world.
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August Jepsen
August Jepsen
Keogh Plan
A Keogh plan is a tax-deferred retirement plan for self-employed individuals and unincorporated businesses, offering higher contribution limits than IRAs and allowing either defined-benefit or defined-contribution structures, with funds taxed upon withdrawal and eligibility limited to non-incorporated businesses.