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Keogh plan vs retirement account

retirement account vs Keogh plan

Keogh plan and retirement account both are nouns.

Word NounAdjectiveVerbAdverb
Keogh plan Yes No No No
retirement account Yes No No No
As nouns, retirement account is a hypernym of Keogh plan; that is, retirement account is a word with a broader meaning than Keogh plan:
  • Keogh plan: a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
  • retirement account: a plan for setting aside money to be spent after retirement
Keogh plan (noun) retirement account (noun)
a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons a plan for setting aside money to be spent after retirement
Difference between Keogh plan and retirement account

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