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!
The number one destroyer of financial wealth is divorce. Retired railroaders who have been married for over 10 years can expect to split their assets right down the middle. Learn how this leaves the railroader and the spouse with reduced income and increased expenses in railroad retirement. It is wise sometimes to invest in your relationships just as much as you investments.
Learn tax saving strategies when giving to charity in Railroad Retirement.
Using Health Savings Accounts for Railroad Retirement provides a great Triple Tax Free investment account.
How much do you need for Railroad Retirement? Learn three simple steps to understand your Railroad Retirement possibilities.
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
Learn about collecting a paycheck in railroad retirement. Understand your retirement income streams that will power you to successful railroad retirement.
Learn the six important estate planning documents railroaders should have to protect their families and their railroad retirement.
With the SECURE Act now in effect, the tax advantages of sheltering retirement accounts in trusts has gone away. The Stretch IRA is no more and all inherited IRAs no matter where they are must be emptied in 10 years. Learn when trusts are still appropriate and when they are not in Railroad Retirement.
The Federal Reserve continues to punish savers with extremely low interest rates. Learn the true cost of keeping your money in riskless investments.