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 work deductions this ex-railroader would be hit with by working and collecting Railroad Retirement and understand your your individual state laws for family medical leave to help offset any potential loss of income.
Understand the Work and Age deductions that will affect a railroader's Railroad Retirement Service and Age annuity.
Learn how the RRB handles underpayments through RESCUE Awards when it comes to your Railroad Retirement Service and Age annuity.
Learn how the the "Big Beautiful Bill" Act can help you keep more of your Railroad Retirement income.
Understand the importance of having a income bridge for your Railroad Retirement if you decide to leave the Railroad before the age of 60.
Learn the implications of a second job on your Railroad Retirement and understand the importance of paying into the Railroad Retirement system. .
Learn the implications on Railroad Retirement of leaving the railroad at 60 with 27 years of service.
Learn if your railroad retirement benefits are taxable at the federal and state levels.
Learn the impact on Railroad Retirement when called up for active military service.
Learn if this railroader should start their Social Security and understand the importance of waiting for your Full retirement Age before claiming your Social Security benefits while continuing to work.