Answer:
D.
Explanation:
A Keogh plan is a special pension plan that is tax-deferred and only made available to self-employed individuals and strictly for retirement purposes. Therefore based on the information provided within the question it can be said that the it is characterized by all of the following except for Tax Free distributions. Mainly due to the fact that the earnings in the plan are tax deferred while still in the plan, but when distributed are not tax free.
