AUSTIN PARKAR
6901 West Main 26 Street
Urbana • Illinois, 61801
Cell: 257-409-8975
[Subject: Normally bold, summarizes the intention of the letter] -Optional-
Dear Austin parker,
We’re delighted to announce five new saving plan options for all of our fulltime staff. The following options will be available through a payroll deduction plan:1. Any amounts to 17% of your salary can be automatically deposited into a tax-free annuity; 2. US Saving Bonds can be purchased, and 3. you can opt to have deposits made into a supplemental retirement fund.
If you choose #1, our company can contribute an amount up to 3% of your salary directly to the supplemental retirement fund.
All info and forms will be included with your June 5 Paychecks. Staff in the Benefits Office are able to answer any questions you may have.
Sincerely,
Wichert