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!
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.
One of the perceived benefits of working in the railroad industry is the access afforded to employees to a Railroad Retirement Annuity. Let’s look further into Tier 2 and understand if the employee is receiving value for these contributions.
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
Railroad retirement planning is about much more than just saving. It's time to create a more detailed plan towards a retirement date you can live with.
Even with a good income, there are some big mistakes that can foul up your railroad retirement. And the effects won’t be realized until it’s too late to make financial repairs.
Over the years I have come into contact with people who love their careers with the railroad and others who shall we say have less then kind things to say. But the one thing you rarely hear bad words about is the benefits afforded to railroad workers through the Railroad Retirement Act.