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!
Understand why the Last 60 Month Rule is the best strategy to reduce the impact of Government Pension Offset in Railroad Retirement.
Learn the earning restrictions and income limits imposed on working spouses who are collecting a Railroad Retirement Survivor Annuity.
Learn the mistakes that couples make when they claim their Social Security and Railroad Retirement.
Learn the possible tax consequences of moving to another railroad and how to recoup the overpayment of Railroad Retirement taxes.
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 when a railroader and their spouse can start their Railroad Retirement annuity.
Learn why railroaders would do better if more of their money went to paying Tier 2 "tax" for Railroad Retirement.
Understand how inflation has helped to expand the brackets therefore providing a opportunity to increase your tax savings for Railroad Retirement.
Learn the updated 2023 numbers that will affect your Railroad Retirement and financial well being.