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!
A brief overview of how Spouse Annuities function in Railroad Retirement: 1. What the requirements to receive a spousal annuity? 2. What are the payouts on a spousal annuity? 3. What is the reductions in the spousal annuity with early retirement? 4. More...
What I learned from taking principles of Hunter Harrison's Precision Scheduled Railroading and putting them into my financial planning practice.
As you start reaching your career finish line, your railroad’s offer of an early retirement package might seem too good to pass up. Before accepting, it’s important weigh the pros and cons that will impact your short- and long-term financial situation.
Many railroaders are considering "early" retirement from the industry. Understand the financial costs of taking this option on your overall retirement.
When you start taking distribution from your 401k and Traditional IRAs, it is important to understand the rules for Required Minimum Distributions (RMDs) in order to avoid catastrophic tax penalties.
Spring is here! It's time for cleaning, budgeting, retirement planning, emergency funds & more!
Sometimes even the retired want to keep working. However this will have a effect on your Railroad Retirement Annuity. Understand your situation before you fire it up again.
Things come along in life unexpectedly where you might need access to funds. I outlines some options for you to help navigate through this difficult period.
A fee-only financial advisor can help you avoid mistakes that DIYers make.
Taxes and Railroad Retirement Benefits: What Every Railroader Should Know