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!
Understand the opportunity career railroaders have to still get their railroad retirement plan in shape before they leave.
Learn 401k strategies that might be suitable for railroaders. Partnering your Railroad Retirement Annuity with your 401k can lead to a great Railroad Retirement
Low interest rates continue to impact a railroader's Tier 2 annuity. Big insurance companies are departing the annuity industry as the ability to generate a return becomes much more difficult in a low interest environment. Railroaders don't need annuities for retirement income as their Tier 2 handles that job. And now with annuities becoming more expensive, the Tier 2 annuity is so much more valuable.
Thinking about collecting Social Security while working for the railroad. Learn the detrimental effects that strategy can have on your Railroad Retirement.
Learn about the affects on your Railroad Retirement by collecting a government pension. Understand the reduction implemented on your annuity that could hamper your Railroad Retirement
Understand the great rate of return railroaders can achieve by paying more in railroad retirement taxes.
Understand the value of Tier 2 benefits for Railroad Retirement 1. Guaranteed Retirement Income 2. Replacement Value of Tier 2 3. Opportunity to adjust Retirement Glide Path
If you are leaving or have left the railroad before the start of your Railroad Retirement annuity then you need to watch this video. I discuss a strategy you can use to protect your Survivor Annuity for your beneficiaries in case something unfortunately happens to you before retirement.
When railroaders leave the industry there is a profound effect on their Railroad Retirement. Learn the three benefits you could be losing by switching jobs.
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.