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Railroad retirement taxes, which have historically been higher than social security taxes, are calculated, like benefit payments, on a two-tier basis. Railroad retirement tier I payroll taxes are coordinated with social security taxes so that employees and employers pay tier I taxes at the same rate as social security taxes.
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The Railroad Retirement Program is a federal program that extends retirement benefits to railroad employees. The program was established in the 1930s and in addition to retirement benefits, it ...
Railroad Medicare is similar to regular Medicare but is specifically for railroad workers.
W.A "Walt" Barrows is the current Labor Member of the United States Railroad Retirement Board. He was nominated by President Barack Obama on February 28, 2011 [1] and was confirmed by the U.S. Senate on September 26, 2011. [2] He replaced outgoing board member V.M. "Butch" Speakman, who announced his retirement in 2010. [3]
The Railroad Retirement Revenue Act of 1983, also known as the Railroad Retirement Solvency Act of 1983 (Public Law 98-76), was passed on August 12, 1983. Among other things, it raised tax rates for the railroad retirement taxes.
Keep in mind that you can access many SSA services online if you have a My Social Security account. You can also call 1-800-772-1213, which connects you with automated services. ... Starting in ...
Create account; Log in; ... The U.S. Railroad Retirement Board; Regional Rural Banks, ... This page was last edited on 31 July 2024, at 08:13 (UTC).