Keogh plans are specifically designed for self-employed individuals, and they often combine aspects of both profit sharing and 401(k) plans. However, they also come with additional costs due to the need to factor in payroll taxes. Therefore, all of the given choices are correct.

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Keogh Plans

Question 64

Multiple Choice

Keogh plans

A) are for the self employed.
B) usually are combinations of profit sharing and 401k's.
C) usually have additional costs due to payroll taxes that have to be factored in.
D) all of the above

Correct Answer: