March 2016
Intermediate to advanced
700 pages
144h 54m
English
Content preview from Principles of Risk Management and Insurance, 13th EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Retirement Plans for the Self-Employed (Keogh Plans)
Retirement plans for self-employed were formerly called Keogh Plans to reflect the law that first allowed unincorporated business firms to sponsor qualified retirement plans. Since the law no longer makes a distinction between corporate sponsors and other plan sponsors, this term is seldom used today. With certain exceptions, the same rules that apply to qualified corporate pension plans now apply to retirement plans for the self-employed (Keogh plans). The contributions to the plan are income-tax deductible up to certain limits; the investment income accumulates on a tax-deferred basis; and the amounts deposited and the investment earnings are not taxed until the funds are distributed.
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.