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pension account vs Keogh plan

Keogh plan vs pension account

pension account and Keogh plan both are nouns.

Word NounAdjectiveVerbAdverb
pension account Yes No No No
Keogh plan Yes No No No
As nouns, Keogh plan is a hyponym of pension account; that is, Keogh plan is a word with a more specific, narrower meaning than pension account:
  • pension account: a plan for setting aside money to be spent after retirement
  • Keogh plan: a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
Other hyponyms of pension account include 401-k, 401-k plan, individual retirement account, IRA.
pension account (noun) Keogh plan (noun)
a plan for setting aside money to be spent after retirement a tax-deferred pension plan for employees of unincorporated businesses or for self-employed persons
Difference between pension account and Keogh plan

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