This article compares and analyzes Keogh self-employed retirement plan investment choices of farmers with those of taxpayers from other industries. The legal requirements for Keogh participation are briefly set out, but the emphasis of this article is on the economic components and implications of self-employment retirement plans. Limitations of the data used in the study will be exposed and the results of the study will then be analyzed in some detail.

I. Introduction

II. Historical Perspective

III. Keogh Rules

IV. General Economic Concept Underlying Self-Employed Retirement Programs … A. Subsidy Aspects of Keogh … B. Earned Income

V. Nature and Limitations of the Data

VI. Analysis

VII. Conclusion