Christmas Club Savings

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 4^th – November 11^th – Payout would be on November 18^th

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.

Name*
First Last
Employee Number*
Christmas Club Savings Amount Per Week*
Authorization*
- By completing this form and entering my name and ID number, I hereby authorize Associated Grocers, Inc. to withhold from my wages the total amount entered for the Christmas Club Savings Option. This will continue to be deducted per pay period for 40 weeks (February 04 – November 11). The total deductions will be reimbursed to you on November 18th through normal payroll methods. No separate checks will be issued. **No early withdrawals allowed.

Merry Christmas

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