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 the the required months of service you need in the last 30 months before your start your Railroad Retirement Service and Age annuity.
Learn the effects on your spouse's Railroad Retirement annuity by continuing to work while collecting.
Learn the impact of going to do paid charity work when leaving the railroad and not eligible to start Railroad Retirement.
Understand the significance of early age reductions that may apply if the Railroad Retirement Survivor Annuity is claimed before your full retirement age (FRA).
Learn the three different ways to make the tax payments on the Roth Conversions that you executed in Railroad Retirement.
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 the pros and cons of deferring your Railroad Retirement annuity start date when you retire.
Understand the importance of possible Age Reductions that could impact the Railroad Retirement spousal annuity with less than thirty years of service.