Dr Zarkoff Wrote:
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>
> Once you retire, you cannot seek employment in the
> craft you had when you were working.

As SLOCONDR said, you can work as a consultant without being subject to RRB withholding if you can find a situation where you are advising a subject-to-RRB-withholding railroad in some capacity (generally in management or something highly technical) and you are not a direct employee of the railroad. Operations jobs such as engineer or conductor do not qualify because those positions fall only under wage agreements on an RRB-connected railroad. That having been said, I believe there are a few non-railroad companies who hire and supply engineers and conductors on a temporary basis to employee-short RRB-connected railroads and since those employees are hired and paid by a non-railroad-operating company they are subject to Social Security rather than Railroad Retirement withholding. These engineers and conductors are subject to being moved all around the country at any time according to the needs of their non-railroad employer in fulfilling their contracts with a RRB-connected railroad.

> The limitations on post-retirement employement earnings
> decrease or dissappear once you reach age 66.

That is correct for Tier I (SSA equivalent) ONLY and age 66 is not set in stone but is dependent upon the retiree's birth year. Tier II penalties NEVER disappear until the retiree ceases working for his/her last pre-railroad retirement non-railroad employer.