Investment glossary terms beginning with the letter K:

Keogh Plan – A Keogh Plan is a qualified tax-deferred retirement plan for sole proprietors and unincorporated businesses. Keogh Plans are often referred to self-employed pension plans.

Key Person Insurance – Also referred to as business life insurance, key person insurance is a life insurance policy taken out by a company on the life of a key executive of the company. The company is generally the owner and beneficiary of the life insurance policy.

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