Keogh Plans

Keogh Plans

General Benefits of a Keogh Plan:

Immediate deduction from your tax return every year that may save you up to 33% of your contributions. You can contribute up to 25% of your net income to the plan, after the contribution, up to a maximum of $52,000 per year and deduct 100% on your tax return.

  • Higher contributions to your retirement and lower income taxes than an IRA.
  • Tax deferred status on all gains, interests, dividends, etc.
  • Asset protection Trust.
  • All investment vehicle alternatives are available through your Broker of Record, Bank or investment Company.
  • Loans may be available upon your request.
  • Assistance with ERISA compliance
  • Distribution at Retirement age will benefit from exemption status or preferential tax rate. For individuals 60 years or more, the tax exempt distribution shall be up to $15,000 per year per plan and $11,000 if you are under 60 year old.

Keoghs are available to the following individuals:

  • People who own or operate unincorporated businesses.
  • People who are or intend to be self-employed.
  • Owners that owned more than 10% of a special partnership.
  • Owners that owned more than 10% of a corporation of individuals.

PAG Keogh Program will allow you:

  • Tax Free Rollover from a Puerto Rico Qualified only Plan.
  • Lowest Administration Fee in the industry.
  • Group of retirement specialists with more than 15 years of experience.
  • The Puerto Rico Treasury Department has pre-qualified all PAG plans.
  • Internet access to your account through your investment company.

For more information about transferring your new or existing Keogh please call us for an appointment at 787-977-3772.