Keogh plan

The maximum was also raised for people in defined-contribution Keogh plans.

And people with full- or part-time self-employment income can establish Keogh plans.

Not shown is Form 5500, which must be filed for a Keogh plan.

What do you stand to gain from a Keogh plan?

Many owners of Keogh plans are facing a double tax deadline this year.

A Keogh plan, like any retirement plan, has many rules and regulations.

Some freelance income can be sheltered from taxes in a Keogh plan, however.

Self-employed people who want a Keogh plan for 1993 must set it up by the end of the year.

A Keogh plan is frozen when it no longer accepts contributions.

Being the boss gives you substantial control when choosing a retirement strategy, which may include a Keogh plan.