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BenefitsLink > Q&A Columns >

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

Answers are provided by Robert S. Kaufman

Wise to Apply for Both Railroad Retirement and Social Security?

(Posted April 22, 2011)

Question 815: What are the advantages to filing for both Railroad Retirement and Social Security benefits?

Answer: In many instances, filing for both benefits will not increase total monthly benefits. This is because Tier 1 of Railroad Retirement is reduced by any Social Security benefits that the individual receives.

However, there is at least one situation when filing for both benefits can increase total monthly benefits. If you file for a reduced Railroad Retirement annuity at 62, you could receive more by waiting to file for Social Security until you reach your full retirement age.


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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