G92-1066 Agricultural Retirement Packages

Authors

Raymond E. Massey, University of Nebraska - LincolnFollow
Gary L. Bredensteiner, University of Nebraska - LincolnFollow

Date of this Version

1992

Document Type

Article

Comments

© 1992, The Board of Regents of the University of Nebraska on behalf of the University of Nebraska–Lincoln Extension. All rights reserved.

Abstract

This NebGuide discusses Simplified Employee Pension plans and Keogh plans as an employee benefit provided by agricultural employers.

Retirement Plans

Various retirement packages allow pre-tax dollars to be used to save money until retirement age. The most familiar and easy to use retirement account is the Individual Retirement Account (IRA). Other accounts are Simplified Employee Pension (SEP) plans and Keogh plans.

This NebGuide discusses IRA, SEP and Keogh plans in the context of an employee benefit provided by the employer.