A Keogh plan must be established as a defined contribution plan, and the rules are similar to those of a qualified pension plan.

Name: A Keogh plan must be established as a defined contribution plan, and the rules are similar to those of a qualified pension plan.
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A Keogh plan can be established as either a defined contribution plan or a defined benefit plan, and it follows rules similar to those of qualified pension plans.

A Keogh Plan Must Be Established as a Defined Contribution