What Is An HR 10 Retirement Plan?

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    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    A Keogh plan is a qualified retirement plan (the Self Employed Individuals Tax Retirement Act of 1962) called the Keogh Act. Keogh plans are defined contribution plans, whether as a profit sharing, a money purchase, or profit sharing/money purchase plan.
    Answered on July 31, 2013
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