A Keogh plan maintained for the owner of an unincorporated business must cover all employees of the business on a nondiscriminatory basis.

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A Keogh plan, which is a retirement plan for self-employed individuals and their employees, must operate on a nondiscriminatory basis, meaning it must cover all eligible employees, not just the owner or certain high-paid employees. This ensures fairness and compliance with IRS rules regarding retirement plans.

A Keogh Plan Maintained for the Owner of an Unincorporated