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!
The Railroad Retirement Annuity is bedrock of a railroaders retirement. Just how stable is the Railroad Retirement Board? Watch as I take a deep dive into the RRB Board of Trustees report to Congress.
Where is your income coming in from in Railroad Retirement? Understanding the answer to this question is a key building block to any successful retirement plan. Learn the basics of retirement income for railroaders and the guidelines for spending in retirement.
Learn this strategy that allow you to collect your Railroad Retirement benefits and Social Security in retirement. This approach is geared toward railroaders who spent only a limited time in the railroad but still vested into the RRB.
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
Some ex-railroaders will want to work after retirement others unfortunately will have to go back to work. Understand your reductions in your Railroad Retirement Annuity by re-entering the workforce. Are you planning on working after starting your Railroad Retirement Annuity?
Most railroaders really don’t know the valuable benefit they receive from collecting a Railroad Retirement Annuity. The large majority of them just see money coming out of their paychecks every pay period with the expectation of getting some sort of benefit when they retire.
If you have worked outside the railroad industry in a non-covered position, you need to watch this video to understand your reduction penalties on your Railroad Retirement Annuity. Please avoid surprises at retirement by knowing your Railroad Retirement Annuity benefits.
If you haven’t done all of your professional life in the railroad industry then you need to understand how Social Security and Railroad Retirement affect your retirement income.
Understand the basics of your Tier 1 Railroad Retirement benefit. The video discusses: How Tier 1 is funded? Calculating your Tier 1 Benefit More....
Many railroaders are considering "early" retirement from the industry. Understand the financial costs of taking this option on your overall retirement.