KEOGH, Eugene James, a Representative from New York; born in Brooklyn, N.Y., August 30, 1907; attended the public schools and Commercial High School, Brooklyn, N.Y.; was graduated from the school of commerce of New York University at New York City in 1927 and from the school of law of Fordham University, New York City, in 1930; teacher in New York City public schools in 1927 and 1928; clerk with New York City Board of Transportation 1928-1930; law clerk in 1930 and 1931; was admitted to the bar in 1932 and commenced practice in New York City; member of the New York State assembly in 1936; elected as a Democrat to the Seventy-fifth and to the fourteen succeeding Congresses (January 3, 1937-January 3, 1967); chairman, Committee on Revision of the Laws (Seventy-sixth through Seventy-ninth Congresses); was not a candidate for reelection in 1966 to the Ninetieth Congress; resumed the practice of law; member, New York State Racing and Wagering Board, 1973-1976; was a resident of New York City until his death there on May 26, 1989.
The money contributed to a Keogh plan is not taxed and grows in value until it is withdrawn.
Under a defined benefit Keogh plan, rather than contribute a percentage of your earnings, you are allowed to contribute more than the annual limit imposed on defined-contribution plans.
Generally, defined-benefit Keogh plans are used as a catch-up strategy by older business owners who have put off setting up a retirement plan.
EugeneJamesKeogh (born August 30, 1907 Brooklyn, New York - died May 26, 1989 New York City) was an American politician.
Keogh work as a teacher in New York City public schools from 1927 to 1928, then became a clerk with the New York City Board of Transportation.
Keogh became a member of the New York State Assembly in 1936, then served as a Democrat in the 75th and the fourteen succeeding Congresses (January 3, 1937-January 3, 1967).
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