Rule of 55 vs 72(t): Which is Better For Early Railroad Retirement?
Learn the best strategy for early Railroad Retirement when using the Rule of 55 or the Rule of 72(t) as well as avoiding the penalties if not done correctly.
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 the best strategy for early Railroad Retirement when using the Rule of 55 or the Rule of 72(t) as well as avoiding the penalties if not done correctly.
Learn the possible tax consequences of moving to another railroad and how to recoup the overpayment of Railroad Retirement taxes.
Expecting a large amount of Back Pay from the railroad? Understand the benefits of taking the pay right-now for the period when it is was earned.
Understand how the Railroad Retirement Board will deduct from your Tier 2 if you continue to work for your Last Pre-Retirement Employer (LPE).
Debunking of the myth that you need to retire to get the COLA increase in your Railroad Retirement.
Learn why railroaders would do better if more of their money went to paying Tier 2 "tax" for Railroad Retirement.
Learn how to Tax-loss Harvest your taxable accounts in Railroad Retirement
Learn the proper way to withhold taxes from your Railroad Retirement annuity.
Watch this episode of the Highball Advisors Railroad Retirement Whiteboard to learn what exactly comes out of your paycheck during each pay period.
Watch this episode of the Highball Advisors Railroad Retirement Whiteboard to understand some the important facts regarding Railroad Retirement that your advisor must know