A key difference between an IRA and keogh plan is:
a) you may withdraw your money early from a keogh plan without penalty, but not from an IRA
b) you may contribute more to a keogh plan than to an IRA
c) self-employed individuals may open an IRA, but not a keogh

An account, the facility of which is granted to self-employed professionals who are involved in sole proprietorship and partnership businesses for the purpose of retirement plans and benefits is known as a Keogh Account.

An IRA, on the other hand, is a facility provided to employed individuals or professionals for the better management of their retirement plans and benefits.

Hence, option B holds true regarding a Keogh Account.

Learn more about a Keogh Account here:

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A key difference between an IRA and keogh plan is:a) you may withdraw your money early from a keogh plan without penalty, but not from an IRAb) you may contribute more to a keogh plan than to an IRAc) self-employed individuals may open an IRA, but not a keogh ​

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What is a Keogh account?

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A key difference between an IRA and keogh plan is:
a) you may withdraw your money early from a keogh plan without penalty, but not from an IRA
b) you may contribute more to a keogh plan than to an IRA
c) self-employed individuals may open an IRA, but not a keogh