| Keogh Accounts: |
Similar to a 401(k), but for the self-employed. |
| Keogh Plan |
A tax-deferred defined benefit or contribution plan that a self-employed individual can set up. |
| Key Employee |
An employee whose skills, knowledge or abilities are crucial to the ongoing operation of the company. This term is used in applying top-heavy tests for qualified referral plans under the Internal Revenue Code Section 416. |
| Key Person Insurance |
An insurance policy that reimburses a company for the loss of a key employee. |
