Proper Way to Title a Deposit from a Keogh Plan

Answered by:

Question:

Is there a proper way to title a deposit from a Keogh plan that we have accepted?

Answer:

You do not give us enough information. Are you acting as a custodian for the Keogh plan or is the custodian just purchasing a Certificate of Deposit from you for the plan? Is this plan employer sponsored or an owner-only plan? Check with your legal counsel.