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Refund of Payroll Taxes
(Posted May 24, 2004)
Question 453: I worked for the railroad last year for 4 months. Can I get back any of the money I put into the Railroad Retirement fund? Does it have to roll over to SSA?
Answer: There are no refunds allowed.
If you are not vested under Railroad Retirement when you retire,
the amount equivalent to what you would have paid into the Social Security funds is sent to SSA. The rest is retained by Railroad Retirement.
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