What is another name for a keogh plan?
Understand the Problem
The question is asking for an alternative term or name for a keogh plan, which is a type of retirement savings plan for self-employed individuals and small business owners.
Answer
HR10 plan
Another name for a Keogh plan is an HR10 plan.
Answer for screen readers
Another name for a Keogh plan is an HR10 plan.
More Information
The term 'Keogh plan' originated from New York Representative James Keogh, who helped develop the legislation for these plans.
Tips
common mistakes made when solving the problem
Sources
- The web page with info on - Corporate Finance Institute - corporatefinanceinstitute.com
- Keogh Plan: Definition, Types, Pros, and Cons - Investopedia - investopedia.com
- Keogh plan - Legal Information Institute (LII) - law.cornell.edu
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