6 Myths When It Comes to Railroad Retirement

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Information 6 Myths When It Comes to Railroad Retirement

Title	:	6 Myths When It Comes to Railroad Retirement
Lasting	:	5.20
Date of publication	:
Views	:	9,9 rb

John, Your videos are extremely informative and greatly appreciated brbrI currently have a side hustle that I am paid commission on as a 1099 employee I am 54 and have over 360 credited month towards my pension I will retire Dec of 2028 when I turn 60 and I plan on continuing with my side hustle once I retire My question is, as a self-employed individual, am I subject to the same amount of earnings that someone who decides to make money on a W2 type of income or is it higher for self-employed individuals without negatively affecting my pension?brbrThanks in advance!brbrShawn
Comment from : Shawn Phillips

Myth: if you die before you retire; your spouse gets nothing or just a pittance
Comment from : Kelly Hankins

I left the railroad at 65 with only 10 years and seven months Invested more in railroad than social security from 1979-2012 for social security The railroad from 2012-2022 If I retire now will my monthly income look good Maybe 2000 a month???
Comment from : Ester Miller

Hi John, I am 53 years old with 18 years of railroad seniority and am sick of it so I am thinking of going out and getting a State job My question is, can I collect both state pension and rr retirement, or is it one of the ones that you cannot double dip on?
Comment from : Dave Lipscomb

If my husband is 60, worked 245 years for RR, and all the other years as non- railroad, paying into Social Security, does he lose Social Security for all the years he paid into it?
Comment from : Wanina Million

You can calculate your full retirement benefits by averaging out your highest paid 5 yrs 75 of that calculation will be your retirement pay
Comment from : Michael Bias

Never been married, Colorado common law for 20 years, will I need to get married for her to get spouse benefits when I retire, she's 63 I'm 59 with 23 years of service, plan to retire in 3 years, thanks, RickbrLove your videos
Comment from : rick pike

I like to know why the railroad retirement board buying up ammunition the same time the IRS is doing it I kinda get the IRS they might have to force people to pay there taxes but the railroad board I’m a ex federal contractor and I don’t know and I should know
Comment from : American Homeless First

Hello John,brMy husband Cornelius F Byrne's Jr Worked for the railroads from 1973 but passed away in 2017 My question is, if he paid into his pension am I in titled to his pension?
Comment from : Pia Byrnes

If I work on a railroad as a manager can I retire and collect railroad retirement at age 55?
Comment from : ewutube2007

What will my railroad retirement be with 33 years at age 60 be with 90k salary? I’m so bad at math and can’t get any help 😩
Comment from : Rutter

Ps I am retired Armywas wondering about all the years I paid into SS
Comment from : Green4 Anon

Ok question I am getting ready to retire21 years RR and 62 yrs oldwhat happens to my SS?does it get rolled in? Do I just lose it?
Comment from : Green4 Anon

One myth I hear quite a bit is if the if you are terminated by a railroad, you are no longer eligible for Railroad Retirement, because you have to be in "Good standing" with your railroad employer to receive the railroad retirement benefits
Comment from : rondav41