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!
Learn the proper way to take distributions from your 401k to supplement your income before Railroad Retirement starts.
Learn the impact your Social Security benefit has on calculating your Tier 1 Railroad Retirement benefit and understand that a railroader won't get two distinct checks from Social Security and Railroad Retirement.
Learn essential tax planning ideas for railroaders that you must accomplish before the calendar year ends.
Learn the basics of pension reduction when your Railroad Retirement annuity kicks in.
Understand the requirements that the Railroad Retirement Board use to determine if you are truly an independent consultant.
Learn when the Railroad Retirement Spousal annuity is either not payable or just stops.
Understand the benefits and concerns of rolling over to a 401k to a IRA in Railroad Retirement.
Learn the differences between Career Railroaders, Retired Railroaders, and Social Security recipients monthly annuity payouts.
Learn the reasons railroaders should be very reluctant before purchasing an annuity for their Railroad Retirement.
Learn when the spousal annuity gets reduced in Railroad Retirement based on work from the employee and spouse.