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!
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?
In this video I discuss the costs to railroaders who opt to retire early from the railroad. We discuss the costs of taking reduced benefits with a example of a railroader who retires at 62 with a full retirement age of 67.
Understand the impact of divorce on you railroad retirement. Recognize the assets that can be loss in a divorce proceeding.
The importance of distributing your retirement accounts in a tax efficient manner can't be understated. If you are interested in maximizing your railroad retirement income check out this video. I discuss some strategies to consider in Railroad Retirement.
I discuss lashing-up your Railroad Retirement Annuity with your 401k to maximize your retirement income. Working together these become very powerful for achieving a great retirement.
Learn the fundamentals of the Current Connection in Railroad Retirement. Understand which annuities are affected by the Current Connection. Also the basic requirements to get a Current Connection.