Many railroaders know that they can retire at age 60 with 30 years of service because of the Railroad Retirement Act. But did you know that if you do, you may need to increase your tax withholding when you turn 62?
That’s one of the many important retirement topics discussed in the Labor Member’s Questions and Answers area of the RRB website.
Other important topics covered in the Questions and Answers area include Railroad Retirement age reductions, spouse annuities, the importance of a Current Connection, how to apply for a Railroad Retirement annuity, and countless others.
For more information, please click here to visit the RRB website.