Training Opportunity: The Super Dollar

The SUPER Dollar — How to use your tax free income to pay for medical expenses, child care, and save for retirement to supplement your MPSERS pension.

The IRS allows you to keep your Federal, State, Local, and FICA tax money to pay for medical, dental, and vision expenses, as well as child care expenses. The IRS also allows you to use Federal, State, and Local tax money to save for your retirement. This course will discuss how to take advantage of various tax saving strategies. This course will also cover the MPSERS pension, and assist you in knowing how much you will receive when you retire.

Upon completion of this course, participants will learn:

  • how to keep their tax dollars to pay for allowed expenses
  • the tax benefits from retirement savings plans and which is right for you
  • how to calculate your pension and how much it will pay you when you retire
  • about Time Value of Money and how tax efficiency can accelerate your savings

This course is any GRCC employee and is being offered on Thursday, April 15, 2010 from 2:30-4 p.m.  Register at www.grcc.edu/currentlearning

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