Explore definitions of longevity and life settlements sectors terminology beginning with K.
This glossary provides concise explanations of terminology commonly used in the longevity and life settlements sectors. Below you'll find terms beginning with the letter K.
- Keogh (H.R. 10) Account
Keogh (H.R. 10) Account is a retirement savings account to which a self-employed individual makes annual tax-deductible contributions (generally up to 25% of annual income) subject to limitations.
- Key Person Insurance
Key Person Insurance: Employer-owned life insurance on upper-executive level individuals.