Ira/Keogh Accounts

Financial Definition of Ira/Keogh Accounts

Meaning of Ira/Keogh Accounts

Special accounts where you can save and invest, and the taxes are deferred until money is withdrawn. These plans are subject to frequent changes in law with respect to the deductibility of contributions. Withdrawals of tax deferred contributions are taxed as income, including the capital gains from such accounts.

Related Entries of Ira/Keogh Accounts in the Encyclopedia of Law Project

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Ira/Keogh Accounts in Historical Law

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Legal Abbreviations and Acronyms

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