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 that Social Security Adminstration rules are used to determine the credits and not Railroad Retirement Board rules.
Learn what Railroad Medicare covers and more importantly doesn't cover in your Railroad Retirement.
Understand the implications on your spouse's annuity when you go back to work in Railroad Retirement and the possible big impact on your retirement plans.
Learn the key strategies railroaders can use to reduce taxes and keep more of their retirement savings while taking Required Minimum Distributions in Railroad Retirement.
Understand how the Current Connection only pertains to before you start your Railroad Retirement Service and Age annuity.
Learn the impact of making 401k contributions while collecting your Railroad Retirement.
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).