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BenefitsLink > Q&A Columns >

Stop, Look & Listen: Railroad Retirement Benefits Q&A

Answers are provided by Robert S. Kaufman

Payroll Taxes For Railroad Retirement

(Posted June 27, 2013)

Question 1022: What happens to the money an employee has contributed to Railroad Retirement if he dies before retirement?

Answer: The payroll taxes that rail workers pay to the Railroad Retirement Funds are considered to be Federal taxes. If the rail worker dies before he is eligible to retire, the taxes paid are used to pay benefits and to pay for the administrative costs of maintaining the Railroad Retirement program.


Important notice:

Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.

The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.


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