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!
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.
As you approach retirement, there are dangerous tracks you have to cross. Make sure you cover these three areas in planning for a successful railroad 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.
As you are approaching retirement or in retirement someone will eventually try to "sell" you an annuity, but before you accept that "free" dinner seminar invitation understand if you need one. Railroaders should have a different view of annuities then most people.
Part 1 of a 2 part series on Survivor Benefits in Railroad Retirement. Learn about how to qualify for Railroad Retirement Survivor Annuity. Understand the eligibility requirements for receiving a Survivor Annuity. more...
Each railroad pension plan has their pros and cons, understand the differences of each one. Find out how each will effect your ability to retire.
A brief overview of how Spouse Annuities function in Railroad Retirement: 1. What the requirements to receive a spousal annuity? 2. What are the payouts on a spousal annuity? 3. What is the reductions in the spousal annuity with early retirement? 4. More...
What I learned from taking principles of Hunter Harrison's Precision Scheduled Railroading and putting them into my financial planning practice.
Understand the basics of your Tier 1 Railroad Retirement benefit. The video discusses: How Tier 1 is funded? Calculating your Tier 1 Benefit More....