When you are not concerned about reduced railroad annuities. Early railroad retirement strategies, when you are not concerned about reduced railroad annuities. You may feel like many railroaders and are considering an early retirement, and not because of disability or any other factors other than you are ready to retire and enjoy the next phase […]
Early Railroad Retirement Strategies Read More »
As a certified financial planner specializing in helping railroaders and their family’s plan to and through retirement. I’ve seen firsthand how complex railroad retirement planning can be. Today, we’re diving into an important piece of legislation: The Social Security Fairness Act (SSFA). This act has significant implications for railroad retirement participants, both current and future.
The Social Security Fairness Act: A Guide for Railroad Retirement Read More »
A question that was recently asked and I would like to address in this insight is, how much do railroad spouses get at age 60? This question has many nuances, and I will discuss the most common questions/situations that I encounter. As a previous railroad employee, transition to railroad retirement expert who removes the confusion,
How Much Do Railroad Spouses Get at Age 60? Read More »
Important numbers to know in regards to Railroad Retirement benefits in 2025.
2025 Railroad Retirement Tax and Benefit figures Read More »
Understanding the “time table” for retirement benefits can be daunting. As a certified financial planner, I often encounter clients who are unsure about their Railroad Retirement Board (RRB) Statements of Service. These documents are crucial for understanding your retirement benefits, and today, I’ll break down four key facts that every railroad employee should know. Understanding
4 Key Facts About RRB Statements of Service Read More »
Introduction Divorce can be a challenging and emotional experience, especially when it comes to financial matters. For pre-retirees, understanding how divorce affects railroad retirement spouse benefits is crucial. As a certified financial planner, I’ve seen firsthand how knowledge can empower individuals to make informed decisions during this transitional phase of life. In this insight, we’ll
Navigating Railroad Retirement Spouse Benefits After Divorce: A Guide for Pre-Retirees Read More »
(Status as of December 31st, 2023) In this comprehensive guide, we delve into the vital topic of the Norfolk Southern 401k. For railroad employees and retirees, understanding the intricacies of this plan is paramount. Let’s dissect the details, illuminate the plan’s current status, and equip you with actionable insights. Your retirement security remains our utmost
2024 Update on the Norfolk Southern 401k Plan Read More »
“Your train’s ready to go.” “Just double 1 to 2, and set out 2 cars to the lead. Oh, and air test” says the yardmaster. Traincrew’s are all to familiar with conversations like this when coming on duty. However, when it comes to planning “How much do I need to have saved” it should be
$50,000 a Year From interest. How Much Do I Need to Have Saved? Read More »
(Status as of December 31st, 2023) In this comprehensive guide, we cover the CSX Corp 401k Plan. As a CSX salaried employee and certain non-union hourly employees and retirees, understanding the status of your 401k plan is key. Let’s uncover the details, shed light on the plan’s current status, and empower you with actionable insights.
2024 Status of CSX Corp 401K Retirement Plan Read More »
Our team here at My Railroad Retirement has gathered the most asked questions about Railroad Retirement benefits. These questions cover topics related to monthly retirement benefits, widow/wider benefits, and ways to maximize. We are continuing to work on the Complete Guide to Railroad Retirement Book, and more information and details will be forth coming on
Top 20 Railroad Retirement Questions Answered Read More »
