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!
Learn the best strategy for early Railroad Retirement when using the Rule of 55 or the Rule of 72(t) as well as avoiding the penalties if not done correctly.
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.
Expecting a large amount of Back Pay from the railroad? Understand the benefits of taking the pay right-now for the period when it is was earned.
Understand how the Railroad Retirement Board will deduct from your Tier 2 if you continue to work for your Last Pre-Retirement Employer (LPE).
Understand the importance of taking advantage of the new RMDs rules so you can have a tax free railroad retirement.
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.