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RFM Financial Solutions, LLC

Archive for November, 2011

Utilizing this benefit offered by your employer is an essential key to saving for retirement.  This money is withheld pre-tax from your paycheck, which will lower your taxable income for that year (or post-tax if participating with a Roth 401(k)).  This money will grow tax-free until it is time for you to retire.  Many employers contribute to these plans with matching and/or profit sharing.  It is very important to understand your employer’s retirement plan so you are maximizing your contributions to get the maximum amount of match/profit sharing from your employer.

Contact us today if you need assistance determining the best plan for contributing to your employer’s retirement plan.


Tune in to CMU Public Television at 7:30 p.m. Thursday, Nov. 17, for a new episode of its “Ask the Specialists” series. “Ask The CPAs” is hosted by Robert F. Murray & Company’s Mike Harter and features professional advice from MC Kostrzewa & Company’s CPA Michael Kostrzewa and Robert F. Murray & Company’s CPA Paul B. Murray. Viewers can call in during the program at 800-727-9268, email brook2c@cmich.edu before the show, or tweet the production crew at @WCMU_AskThe. More information at wcmu.org.