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retirement savings account vs Keogh plan

Keogh plan vs retirement savings account

retirement savings account and Keogh plan both are nouns.

Word NounAdjectiveVerbAdverb
retirement savings account Yes No No No
Keogh plan Yes No No No
As nouns, Keogh plan is a hyponym of retirement savings account; that is, Keogh plan is a word with a more specific, narrower meaning than retirement savings account:
  • retirement savings 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 retirement savings account include 401-k, 401-k plan, individual retirement account, IRA.
retirement savings 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 retirement savings account and Keogh plan

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