who were keogh plans designed to provide pension benefits for
Retirement plans in the United States Keogh plans are full-fledged pension plans for the self-employed. Named for U.S. Representative Eugene James Keogh of New York, they are sometimes called HR10 plans.
G.I. Bill The act avoided the highly disputed postponed life insurance policy payout for World War I veterans that caused political turmoil for a decade and a half after that war.[1] Benefits included dedicated payments of tuition and living expenses to attend high school, college or vocational/technical school, low-cost mortgages, low-interest loans to start a business, as well as one year of unemployment compensation. It was available to all veterans who had been on active duty during the war years for at least 90 days and had not been dishonorably dischargedâ€”exposure to combat was not required.[2] The recipients did not pay any income tax on the GI benefits, since they were not considered earned income.[3]