A type of tax-deferred retirement account for self-employed persons.
This is a tax-deferred retirement account. You can set one up if you're self-employed or own a partnership business.
Under tax law, a retirement plan available to self-employed people. Also referred to as H.R. 10 plans. As with all qualified retirement plans, there are very specific contribution and filing rules that change on a regular basis. Contributions to a Keogh are tax-deductible.
Tax-saving retirement program for self-employed persons and their employees. Also known as H.R. 10 Plans or Self-Employed Retirement Plan.
Tax-deferred retirement plan for a self-employed and unincorporated person or a person who has earned extra income aside from regular employment through personal services.br/div
A pension plan for self-employed workers that allows for tax-deductible contributions, tax-deferred growth, and higher annual contribution limits than an IRA (up to $30,000 a year may be deposited tax-free).
tax-deferred qualified retirement plan for self-employed individuals and unincorporated businesses. also called self-employed pension. see also IRA, 401(k).
A retirement plan similar to an IRA, but aimed at self-employed workers only. Investors having a Keogh Plan may contribute much more than the $3,000 per annum IRA limit.
A tax-deferred pension account for self-employed workers or employees of unincorporated businesses.
A retirement plan that allows self-employed individuals to establish tax-deferred retirement plans for themselves and their employees.
A retirement plan whereby a self-employed person may set aside a certain portion of income (tax deferred) into a retirement account. The money is taxable upon withdrawal at retirement when the person's tax bracket is often lower.
See Keogh Plan under Retirement.
a qualified retirement plan maintained by a self-employed person (sole proprietor or partner)
A type of retirement plan available to self-employeds.
An account to which self-employed persons may make payments, up to the lesser of $30,000 or 20 percent of earned income per year, that may be taken as deductibles from taxable income; the earnings on such accounts also accrue on a tax-deferred basis.
a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
a formal arrangement in which a self-employed person (but not a corporation) establishes a retirement plan for the owner(s) and their eligible employees, if any
an employer-funded, tax-deferred retirement plan designed for unincorporated businesses or self-employed persons, including those who earn only part of their income from self-employment
a pension plan available to people who are self-employed
a qualified plan for self-employed individuals
a retirement fund with the benefit of not having to pay income tax over the money you contribute to that specific account
a retirement plan - either a pension plan or a profit-sharing plan for self-employed individuals
a retirement plan established for the use of unincorporated small business owners, or professionals such as writers, lawyers, doctors, and other self-employed persons
a retirement plan established for the use of unincorporated small business owners or self-employed persons such as writers, lawyers, or doctors
a retirement plan for the self-employed professional, or the owner of an unincorporated, typically small, business and its employees
a retirement plan specifically designed for self-employed business owners
a self-employment retirement plan
a tax-deferred retirement plan designed to help self-employed workers or individuals who earn self-employed
a tax-deferred retirement program developed for the self- employed
a tax-deferred retirement savings plan for people who are self-employed, and is much like an IRA
Retirement plan individually adopted by self-employed persons.
A qualified retirement plan, either a defined contribution plan or a defined benefit plan, which covers a self-employed person and his employees.
A retirement program for self-employed persons and their employees. They are allowed to deduct 15% or $15,000, whichever is less, from their taxable income by placing the money in a Trusted or Custodial Keogh Plan. There are penalties for early withdrawal and the employer must cover all eligible employees with the same benefits.
A tax-deferred retirement plan for self-employed persons that can be set up as either a profit-sharing plan or a money purchase plan.
A tax-deferred pension account, established by an act of Congress in 1962 and expanded upon under the Economic Recovery Tax Act 1981, for the benefit of individuals who are self-employed or who work for companies that are unincorporated.
A tax-saving retirement program for self-employed people and their employees.
A tax-deferred pension account for employees of unincorporated businesses or for persons who are self-employed, either part-time or full- time.
Also known as an H.R. 10 Plan. A qualified retirement plan established by a self-employed person.
A tax-deferred retirement savings plan for self-employed workers.
Is a retirement plan that can be established by a self-employed person. Currently, the maximum allowable annual contribution is $30,000. This contribution has benefits comparable to other qualified plans, such as IRAs. Among these are the reduction of income during the earned calendar year and tax-free growth or compounding until the time of withdrawal. It should be noted that other provisions apply.
Retirement plan available for self-employed individuals.
A Keogh plan is available to people who are self-employed.
A tax-deferred retirement plan for self-employed individuals that allow for making tax-deductible payments for themselves and their employees. Most plans have a maximum contribution limit of $30,000 per individual. ump-sum Distribution The withdrawal of an individual's pension benefits or retirement savings all at once in one payment.
A qualified defined contribution plan permitting self-employed individuals to contribute a portion of their earnings pre-tax to an individual account.
a pre-tax retirement savings program for small-business owners and self-employed people. Keogh plan participants postpone tax on both contributions and earnings while their money remains in the plan.
A qualified retirement savings plan that is available to self-employed taxpayers. Contributions are deductible within specific limits.
A type of tax-favored retirement plan for self-employed people.
This retirement plan, named for Eugene Keogh, is designed for self-employed individuals. Up to $44,000 of self-employed income may be deducted from compensation and set aside into the plan.
A qualified retirement plan that may be set up by self-employed persons, partnerships, and owners of unincorporated businesses as either a defined benefit or defined contribution plan. As defined contribution plans, they may be structured as a profit sharing, a money purchase, or a combined profit sharing/money purchase plan.
In the United States, a qualified individual retirement account that a self-employed individual may establish.
A qualified tax-deferred retirement plan for persons who are self-employed and unincorporated or who earn extra income through personal services aside from their regular employment. Also, can be referred to as a HR-10 Plan.
A retirement plan for self-employed individuals who may deposit 25 percent of earned income, up to $30,000 annually, into an approved tax deferment program.
A retirement plan for self employed persons and their employees to which yearly tax deductible contributions up to a specified limit can be made.
A tax deferred pension account available to the self-employed.
Tax advantaged personal retirement program that can be established by a self-employed individual. Currently, annual contributions to a plan can be up to $30,000. Such contributions and reinvestments are not taxed as they accumulate but will be when withdrawn (presumably at retirement when taxable income may be less).
Keogh plans are retirement plans for self-employed individuals, e.g. sole proprietors, partners in a partnership, and employees of either. The differences between Keogh plans and corporate sponsored plans are small and are limited to different treatment of life insurance and participant loans. For defined contribution plans, the limit may not exceed the lesser of 100@ of includable compensation or $40,000 per year. For defined benefit plans, the plan actuary determines the contributions. The deduction for contributions to a defined benefit plan may not exceed net self-employment income. In unusual circumstances, the required contribution may exceed the allowable deduction. Distributions are generally taxed as ordinary income. Special 10-year income averaging may be available for certain individuals.
A retirement plan available to self-employed individuals.
Tax-deferred retirement plan for people who are self-employed or employees of businesses that are not incorporated.
Tax advantaged personal retirement program that can be established by a self-employed individual. (See: IRA)
Tax-sheltered retirement plan for sole proprietors and partnerships. Most compli- cated, but have the most generous contribution limits. Also called H.R. 10 plans.
Tax-deferred pension account designated for employees of unincorporated businesses or for persons who are self-employed, either full -time or part-time.
A Keogh Plan is generally a type of defined contribution plan set up by self employed individuals, partnerships, corporations, and not for profit organizations. Profit Sharing Keogh Plans and Money Purchase Keogh Plans have different rules regarding contribution requirements and maximum contribution percentages. Contributions are taken as a tax deduction by the business (or taken as a deduction on the tax return of self employed individuals). Earnings are tax-deferred until the employee begins withdrawals, generally at retirement. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty. Distributions and withdrawals are subject to income tax.
Special accounts where you can save and invest, and the taxes are deferred until money is withdrawn. These plans are subject to frequent changes in law with respect to the deductibility of contributions. Withdrawals of tax deferred contributuons are taxed as income, including the capital gains from such accounts. (see IRA)
A type of pension account in which taxes are deferred. Available to those who are self-employed.
Also known as an HR 10, this is a qualified retirement plan for self employed who do not incorporate their business. If qualifications are met the taxpayer may receive a deduction for contributions made.
A defined-benefit plan or defined-contribution plan established by a self-employed individual for him/herself and his/her employees.
a retirement plan designed for people who are self-employed
The Keogh Plan is a type of tax-deductible retirement plan, similar to Individual Retirement Accounts, for self-employed individuals. It is also known as a self-employed pension plan. The individual may contribute up to $30,000 or 15% of total earned income per year, whichever is less.
A tax-deferred qualified retirement account for employees of unincorporated businesses or for self-employed individuals. Section 415 of the Internal Revenue Code limits annual contributions to 25% of earned income up to a limit of $30,000. Withdrawals commence at age 59½, while contributions must cease at 70½.
A tax-deferred retirement plan for the self-employed.
A tax-deferred retirement account for self-employed individuals or employees of unincorporated businesses. Keogh plans can be funded with mutual fund shares. (Also know as H.R. 10 Plans.)