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!
Learn IRMAA strategies to eliminate or reduce these penalties as you head into Railroad Retirement.
Learn a strategy for Railroad Retirement to fund your HSA with a tax free transfer from your IRA. Instead of paying ordinary income tax when you distribute your IRA why not move the money to a HSA.
Learn the different strategies when it comes to making your Required Minimum Distributions (RMDs) in Railroad Retirement.
Learn about this stealth tax that affects high earning railroaders called the Net Investment Income Tax. Understand who is subject to this tax and some common situations that could trigger this tax.
There is a tremendous tax savings afforded railroad retirees who accumulated railroad stock over the years. Learn how to use a NUA strategy in Railroad Retirement.
There are tremendous opportunity for railroaders to reduce their income tax in retirement through Roth Conversions. Watch this Railroad Retirement Whiteboard to understand the complexity behind this strategy.
Taxes are going up sooner or later. Watch this video to learn strategies to protect your Railroad Retirement nest-egg from higher taxes in the future.
Learn the process for contributing to your tax free retirement account when you earn over the annual limit.
Learn the tax implication your railroad's grant of Restricted Stock or RSUs. Understand what you can expect when the taxes are due. Learn why proper tax planning can help reduce your tax bill.
Learn about the taxes you can expect in railroad Retirement. Understand the taxes you can expect on your Railroad Retirement annuity, Retirement accounts and pension.