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!
If you are leaving the railroad with a buyout/allowance. You need to understand the impact on your: ✅ Income Tax and Payroll Tax ✅ Railroad Retirement ✅ Budget
If you are over 55 and have left, been laid off, or fired from the railroad, then watch this video to understand a extraordinary opportunity to minimize your taxes.
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 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.
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.
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.
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.
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.
Railroaders with Restricted Stock Grants have a complex financial challenge. These 10 rules will help assist you in navigating this financial minefield.
As you approach retirement, there are dangerous tracks you have to cross. Make sure you cover these three areas in planning for a successful railroad retirement.