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!
If you haven’t done all of your professional life in the railroad industry then you need to understand how Social Security and Railroad Retirement affect your retirement income.
If you're switching jobs, its time to review your old 401(k) account. Know the facts before you choose between rolling over, withdrawing or leaving it alone.
The importance of distributing your retirement accounts in a tax efficient manner can't be understated. If you are interested in maximizing your railroad retirement income check out this video. I discuss some strategies to consider in Railroad Retirement.
Railroaders with Restricted Stock Grants have a complex financial challenge. These 10 rules will help assist you in navigating this financial minefield.
I discuss lashing-up your Railroad Retirement Annuity with your 401k to maximize your retirement income. Working together these become very powerful for achieving a great retirement.
As you approach retirement, there are dangerous tracks you have to cross. Make sure you cover these three areas in planning for a successful railroad retirement.
Learn the fundamentals of the Current Connection in Railroad Retirement. Understand which annuities are affected by the Current Connection. Also the basic requirements to get a Current Connection.
As you are approaching retirement or in retirement someone will eventually try to "sell" you an annuity, but before you accept that "free" dinner seminar invitation understand if you need one. Railroaders should have a different view of annuities then most people.
Part 1 of a 2 part series on Survivor Benefits in Railroad Retirement. Learn about how to qualify for Railroad Retirement Survivor Annuity. Understand the eligibility requirements for receiving a Survivor Annuity. more...
Each railroad pension plan has their pros and cons, understand the differences of each one. Find out how each will effect your ability to retire.