Championing Small Business
Advocate for Self-Employed and Small Businessmen's Retirement Programs
Awards
In 1986, Congressman Edward J. Markey, MA, issued a letter accompanying the attached certificate indicating that the flag of the U.S. was flown over the capital for the national efforts of Hal Chorney, Director of the Money School of Boston, for his efforts advocating retirement programs and financial education.
Back in 1962, Congressman Eugene J. Keogh authored H.R. 10, legislation that advocated for small businessmen and self-employed individuals.
Hal Chorney, Director of the Money School of Boston, met with Congressman Keogh to lobby for the inclusion of hard money assets like gold and silver as being qualified for the “Keogh” program using pre-taxed dollars.
In His Words
I remember our first meeting.
I shook his hand.
He looked in the palm of his hand and said, “What is this?”
I said, “A gold sovereign.
I smiled and said, “Yes, I know, that’s King Edward.”
The congressman liked my reasoning and agreed with me, and efforts were made to change the law concerning placing hard money assets into these “non-self-directed” retirement programs.
Virtually every national financial institution had sought the endorsement of Congressman Keogh, and yet he endorsed my company and me.
Subsequently, he met with Congressman Claude Pepper and other legislators who were introduced to him by Congressman Keogh.
He gave talks about placing gold and silver in retirement plans in several cities in Florida and elsewhere.
Soon afterwards, Congress approved the “Golden IRA,” which allowed individuals to invest in gold and silver eagle coins minted by the U.S. Government.
“He has also been commissioned a Kentucky Colonel, and there were other cities and groups of people that issued awards to Hal. However many of them have been misplaced through the years.”