Retirement plans are an important part of financial planning for many people. Two of the most common retirement plans are a Keogh plan and an IRA. A Keogh plan is a tax-deferred retirement plan that is available to self-employed individuals or unincorporated businesses. An IRA, or Individual Retirement Account, is a type of savings account that allows individuals to save for retirement with tax-free growth or on a tax-deferred basis. Both of these plans provide individuals with the opportunity to save for retirement in a secure and tax-advantaged way. Additionally, the term 'sleep' can be used to refer to the period of time after retirement when one is no longer actively working and is instead enjoying the fruits of their labor.