Monthly Savings Plan
Through this convenient payroll savings plan, your helping your employees build towards their savings goals each year. Designed as a bond alternative, this convenient plan can be purchased through a payroll savings plan or automatic transfers.
Benefits:
- Save money with NO FEES
- Available anytime during the year
- Withdrawal flexibility - funds available at anytime
Features:
- Rate of return guaranteed to be 1/4 of 1 percent higher than comparable plans
- Compounded monthly interest
- Matures in 1 year
- Convenient payroll deduction or automatic transfer
SAMPLE MSP PAYMENT SCHEDULE
| Payment Frequency | Savings Goal* |
| $100 | $500 | $1,000 | |
| 12 months | $8.34 | $41.67 | $83.34 |
| 24 bi-weekly | $4.17 | $20.84 | $41.67 |
| 26 bi-weekly | $3.85 | $19.24 | $38.47 |
| 52 weekly | $1.93 | $9.62 | $19.24 |
*numbers are rounded
