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!
Some ex-railroaders will want to work after retirement others unfortunately will have to go back to work. Understand your reductions in your Railroad Retirement Annuity by re-entering the workforce. Are you planning on working after starting your Railroad Retirement Annuity?
Most railroaders really don’t know the valuable benefit they receive from collecting a Railroad Retirement Annuity. The large majority of them just see money coming out of their paychecks every pay period with the expectation of getting some sort of benefit when they retire.
If you have worked outside the railroad industry in a non-covered position, you need to watch this video to understand your reduction penalties on your Railroad Retirement Annuity. Please avoid surprises at retirement by knowing your Railroad Retirement Annuity benefits.
In this video I discuss the costs to railroaders who opt to retire early from the railroad. We discuss the costs of taking reduced benefits with a example of a railroader who retires at 62 with a full retirement age of 67.
We’ve rounded up the four most common mistakes soon-to-be railroad retirees make regarding their money, so you can prepare now to make your transition into railroad retirement a bit smoother.
Understand the impact of divorce on you railroad retirement. Recognize the assets that can be loss in a divorce proceeding.
Railroaders make sure you get the enjoyment and fulfillment you deserve from your retirement by following these six ways to beat out post-retirement depression.
While railroaders do extremely hard work, they should plan for the possibility of a long railroad retirement. The numbers from the RRB confirm that railroaders live just as long as general public.
If you're switching jobs, its time to review your old 401(k) account. Know the facts before you choose between rolling over, withdrawing or leaving it alone.
The importance of distributing your retirement accounts in a tax efficient manner can't be understated. If you are interested in maximizing your railroad retirement income check out this video. I discuss some strategies to consider in Railroad Retirement.