Low interest rates continue to impact a railroader's Tier 2 annuity. Big insurance companies are departing the annuity industry as the ability to generate a return becomes much more difficult in a low interest environment. Railroaders don't need annuities for retirement income as their Tier 2 handles that job. And now with annuities becoming more expensive, the Tier 2 annuity is so much more valuable.
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!