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

 

 

 

 

 

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