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BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

Effect of Profit Sharing Payment Received After Retirement

(Posted February 14, 2011)

Question 800: I received a profit sharing payment in January 2011 from a railroad for for work I performed in 2010 before retirement. Will this count as "earnings" so as to reduce my Railroad Retirement benefits in 2011?

Answer: Your recent profit sharing payment from the railroad does not count as "earnings" under the earnings restriction rules for retired rail workers. It will not reduce your payments for 2011.

Author's note--

After more than 14 years, I have reached another "milestone" with the posting of the 8ooth Question & Answer to this column. I want to again thank the loyal readers who continue to submit interesting questions.

The Railroad Retirement program is now more than 75 years old and has provided important retirement and survivor benefits to more than 5 million people.


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.


Copyright 1997-2017 Robert S. Kaufman
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