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 »
Important numbers to know in regards to Railroad Retirement benefits in 2025.
2025 Railroad Retirement Tax and Benefit figures 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 »
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 »
As you approach retirement or begin planning for it, understanding your benefits under the Railroad Retirement Act is essential. Especially when it comes to creditable compensation. If you’re like many railroaders, making sure you know how creditable compensation impacts your retirement, disability, and survivor benefits can significantly improve your financial security in retirement and prior
Understanding Your Creditable Compensation Read More »
What You Need to Know If you’re nearing retirement, the last thing you want is to be caught off guard by an unexpected tax bill before understanding if Railroad Retirement taxable. I’ve had many clients who assumed their railroad retirement benefits would be tax-free, only to find out that a portion of those benefits could
Is Railroad Retirement Taxable? Read More »
If you’re a current or future railroad retiree, it’s important to understand Comparing Benefits: Railroad Retirement vs. Social Security. Key differences between Railroad Retirement and Social Security. These two systems may seem similar at first glance, but they provide different levels of benefits, have varying eligibility requirements, and involve different payroll tax rates. In this
Comparing Benefits: Railroad Retirement vs. Social Security Explained Read More »
Did you start receiving your railroad retirement annuity before the age of 62? If so, you may need to increase your tax withholding when you turn 62. Why? This insight will explain…. As a railroad retiree approaching or turning 62, you’ve probably spent some time considering what your retirement benefits will look like. Railroad Retirement
Retired before 62? Why You May Need to Increase Tax Withholding Read More »
Phone number for Railroad Retirement Board is US toll-free 877-772-5772 between 9 AM and 3 PM weekdays, and not open on federal holidays. Phone Number For Railroad Retirement is US toll-free 877-772-5772 The RRB offers the option for a call back during high volume call times. We are available to discuss all your financial needs
Phone Number For Railroad Retirement Read More »
