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 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.
Contemplating leaving the railroad during these uncertain economic times? Learn some the issues you need to consider before you make that leap, and the effect on your Railroad Retirement.
As railroaders enter their 50s it is a good time to plan for them to plan for their long term healthcare needs in retirement. Understand the flexibility afforded railroaders who plan for their long term care needs before they go into retirement.
Understand why Target Date Funds might not be right for your Railroad Retirement. Learn about the opportunity you are giving up by selecting a Target Retirement fund based on perceived retirement age.
Some railroaders retire after their 30 years of service. However they might not yet be 60 years to collect their Railroad Retirement Annuity. Learn how to fund those early years of retirement before your Railroad Retirement annuity and 401k kick in.
If you are looking for a "great" retirement after years of working for the railroad, I lay out some simple steps railroaders can take to achieve their great retirement dreams. These steps are great building blocks to help you plan for Railroad Retirement.