November 30, 2015

Rail pensions may reduce supplemental annuities


Railroad retirement beneficiaries are reminded that receipt of a private railroad pension may reduce the amount of a supplemental annuity payable by the Railroad Retirement Board (RRB). The following questions and answers provide information on this subject, as well as how distributions from a 401(k) plan affect supplemental annuities, and whether railroad employee contributions to [...]

UTUIA helps provide secure retirements

How long will you live after you retire, and will you have enough money to live on comfortably? Good question. That’s why – before you retire – you should think about post-retirement economic security, because few things could be worse than money running out during what are supposed to be carefree years. A balanced retirement [...]