Also known as HR-10 plan or HR 10 plans, it is a tax-deferred pension account for self-employed workers and small businesses for retirement. In general, contributions are tax deductible for up to 25% of yearly income with a limit of $47,000. It has different types of plans: money-purchase (used by high-income earners), defined-benefit (have high annual minimus), and profit sharing (offer annual flexibility based on profits).
Keogh Plan, created through legislation spearheaded by Eugene Keogh, was established in 1962 under Self-Employed Individuals Tax Retirement Act. Later, it was revised in the Employee Retirement Income Security Act of 1974, Economic Recovery Tax Act of 1981, and Tax Equity and Fiscal Responsibility Act of 1982.
Outright Futures Position
Significance of Shaping Kids` Financial Literacy
Get Your Portfolio Ready For President Trump
DIY: Trading Methods
Novice Investors, Never Commit These Mistakes
Favorite Tactics of Active traders
SEE FOREX TUTORIAL
Buying a Home: Everybody’s Goal
Principles of Trading: Risk Management
How Much Does a Home Remodeling Cost?
Retirement Planning: The Significance of Retirement
Buying a Home: Looking for an Agent
|08:00||Wholesale Price Index||Aug|
|10:00||Quarterly Unemployment Rate||2 quarter|
|20:00||Federal Budget Balance||Aug|
|02:00||RBA Assistant Governor Luci Ellis Speaks|
|03:30||House Price Index||2 quarter|
|03:30||NAB Business Confidence||Aug|
|04:45||RBA Governor Philip Lowe Speaks|
|08:00||Claimant Count Change||Aug|