Keogh accounts in economics and finance

353 views Feb 4, 2024

Hello everyone! Welcome to today's lesson on Keogh accounts. These accounts, also known as HR10 plans, are retirement savings options available to self-employed individuals and unincorporated businesses. They were established in 1962 and are named after Eugene Keogh, a U.S. Representative who introduced the legislation. Keogh accounts are designed to provide retirement benefits to those who do not have access to employer-sponsored plans, such as 401(k)s.

#Economics
#Retirement & Pension
#Savings Accounts