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!
Using Health Savings Accounts for Railroad Retirement provides a great Triple Tax Free investment account.
If Joe Biden beats Donald Trump to win the US Presidency, railroaders should know and understand the impact of Biden's plan on your Railroad Retirement.
Performance Share Units(PSUs) for railroaders are a tremendous wealth building form of equity compensation. However you are going to have exceed the benchmarks set the railroad to really cash in. Learn the why they came about, how they payout, taxes, and more...
Many Railroaders get equity compensation in the form of Restricted Stock Units (RSUs). Learn everything you need to know about the grant of RSUs that you received from the railroad.
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.