The Helper locomotive is there to assist trains to get over steep grades. This blog serves the same purpose. It is here to help give ideas to get you over those steep financial grades that lie ahead of you. I hope you enjoy!
With Class 1 railroads constantly looking to cut costs, there has been plenty of discussion lately on two person crews for operating trains. I thought I take a look at the responsibilities of a conductor and how it relates to railroad retirement issues.
Well it’s the new year and people are deluged with articles and news stories about things you can do to save money in the New Year. They usually require some sort of lifestyle sacrifice to accomplish your financial goals. Here are three free ideas for railroaders that don’t require any financial sacrifice to accomplish.
The SECURE Act (along with a series of year-end tax extenders) was recently signed into law by the President. The legislation will have repercussions for railroaders retirement for years to come. Understand the challenges and opportunities from this legislation on your Railroad Retirement in this video.
Railroaders have a unique set of challenges and opportunities that require a financial advisor who is knowledgeable about Railroad Retirement benefits. Here are five things that are important when selecting a financial advisor.
The following video describes the tax statements issued by the Railroad Retirement Board each January for Federal Income tax purposes. Understand the meaning of these statements and their importance for tax season.
In the much anticipated sequel to Ford v Ferrari, I explore the impact of purchasing new vehicles on your railroad retirement portfolio.
As a wave of Precision Scheduled Railroading runs through Class 1 railroads, many employees are asked to relocate to a new city. Some former railroad employees are forced to move to in order take a position for a new employer...understand the tax deductions that are afforded railroaders who move for employment.
Some ex-railroaders will want to work after retirement others unfortunately will have to go back to work. Understand your reductions in your Railroad Retirement Annuity by re-entering the workforce. Are you planning on working after starting your Railroad Retirement Annuity?
Thank you to all those railroaders who served in the Armed Forces of the United States in defense of this country. Check out this article to see how you can grow your Railroad Retirement Annuity with your service to America.
Railroad Retirement benefits are based on months of service and earnings credits. Check out this video to understand how you can earn additional service months without actually working with Deemed Service Month Credits.