Keogh Plans Allow Self-Employed Individuals to Save for Retirement on a Tax-Deferred

question 57

True/False

Keogh plans allow self-employed individuals to save for retirement on a tax-deferred basis.

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Definitions:

Informal Standard

A guideline or practice that is widely adopted or recognized but not officially sanctioned.

Norms

Informal standards of conduct that group members share and that guide member behavior.

Conduct

The manner in which a person behaves, especially in a particular place or situation.

Participative Management

An effort to involve employees in a company’s decision-making.