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!
Railroaders are sometimes compensated with the ability to own the Railroad's stock in their retirement plan. Learn the tax strategies to maximize your stock gains in Railroad Retirement.
In this video, I discuss opportunities and strategies afforded railroaders with their 401ks. By looking at your retirement portfolio with a comprehensive mindset, railroaders have a powerful tool with their Tier 2 Annuity. It allows railroaders the "opportunity" to create a retirement glide path unlike non-railroaders.
One of the great advantages of working in the railroad is the ability to retire with Full Retirement benefits at the age of 60 if you have 30 years of railroad service. However when anyone retires before Medicare kicks in at 65 some have to fund their own health insurance. In this video I discuss options for early retirees to access health insurance.
In this video we talk about tax saving tools in your tool belt for railroad retirement. Things that you can do to just try and save some more money. You're working hard, you want to reduce those taxes.
With Class 1 railroads constantly looking to cut costs, there has been plenty of discussion lately on two person crews for operating trains. I thought I take a look at the responsibilities of a conductor and how it relates to railroad retirement issues.
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.
The SECURE Act (along with a series of year-end tax extenders) was recently signed into law by the President. The legislation will have repercussions for railroaders retirement for years to come. Understand the challenges and opportunities from this legislation on your Railroad Retirement in this video.
Railroaders have a unique set of challenges and opportunities that require a financial advisor who is knowledgeable about Railroad Retirement benefits. Here are five things that are important when selecting a financial advisor.
In the much anticipated sequel to Ford v Ferrari, I explore the impact of purchasing new vehicles on your railroad retirement portfolio.
As a wave of Precision Scheduled Railroading runs through Class 1 railroads, many employees are asked to relocate to a new city. Some former railroad employees are forced to move to in order take a position for a new employer...understand the tax deductions that are afforded railroaders who move for employment.