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retirement savings plan vs Keogh plan

Keogh plan vs retirement savings plan

retirement savings plan and Keogh plan both are nouns.

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

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