Financial Planning as a Railroad Retiree
Retirement should be an opportunity to savor the benefits of one’s hard work. It is crucial for railroaders to engage in thorough financial planning in order to maximize their enjoyment during retirement. Unlike Social Security, railroad retirement benefits operate under a different framework. They offer pensions and annuities to retirees through the Railroad Retirement Board (RRB). Established in the 1930s, the RRB is designed to help railroaders enjoy a secure retirement by creating a system for long-term financial stability.
