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!
In the this foundational video you will learn the basics of Tier 2 in Railroad Retirement. If you are a railroader expecting to receive these benefits then this video is for you.
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.
Understand the value of Tier 2 benefits for Railroad Retirement 1. Guaranteed Retirement Income 2. Replacement Value of Tier 2 3. Opportunity to adjust Retirement Glide Path
Performance Share Units(PSUs) for railroaders are a tremendous wealth building form of equity compensation. However you are going to have exceed the benchmarks set the railroad to really cash in. Learn the why they came about, how they payout, taxes, and more...
Many Railroaders get equity compensation in the form of Restricted Stock Units (RSUs). Learn everything you need to know about the grant of RSUs that you received from the railroad.
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
If you are economically impacted by Coronavirus, then watch this video to understand your options when taking early distributions form your 401k. It is a must watch to understand your options otherwise you could be hit with a big tax bill.
The impact of Coronavirus is being felt by everyone throughout the country. The US government is administering a multitude of programs to you get through this period. Learn about the programs and rule changes that are in place to assist you.
The SECURE Act (along with a series of year-end tax extenders) was recently signed into law by the President. The legislation will have repercussions for railroaders retirement for years to come. Understand the challenges and opportunities from this legislation on your Railroad Retirement in this video.
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?