Associated Grocers Inc. Christmas Club Savings
Associated Grocers is starting its 3rd Annual Christmas Club deduction savings for employees to prepare for the holiday season. This account allows you to set aside spending money for the holidays. Deposit a little or deposit a lot, and watch your savings grow over time. This is not an interest bearing account, and you simply get out what you put in on a post-tax basis.
You must sign up by Feb 1, 2021.
41 weeks February 4th – November 11th – Payout would be on November 18th
How much should I save? If you plan to spend around $500 during the Holiday season…$500/41=$12.19 per week.
I further understand that if I separate from the Company, either voluntarily or involuntarily, the total amount withheld, will be refunded on your final check.
I represent that this authorization is executed voluntarily and has not been made as a condition of my continued employment.