Keogh plan for small business owners

Has anyone heard of a Keogh plan? And if so, what are your thoughts? I’m reading small business owners like Jeremy can have one of these for his LLC as long as the employees participate and the contributions are tax free up to 57k. Can you have one if you already have a 401k and a Roth IRA? What are the pros and cons?

I’m not familiar with that type of plan… From what I just learned about them, my assessment is that if you think it might be beneficial to you, you’re very likely in “talk to a CPA” territory. Whenever I ask my CPA a question like this, he usually has the exact right answer (which is often something like “you can’t do this because ____”)

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