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7570 Caple Blvd
Northwood, OH 43619-1084, US
419-662-5456
Fax 419-662-4534
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RETIREMENT PLAN:
$4.30 per hour minimum employer contribution (maximum $6.30)
- Tax sheltered
- Immediate vesting
- Individual account
- Professional investment
- Choice of amounts in stocks (equities) and bonds (fixed instruments) within guidelines
- Upon retirement, benefit can be withdrawn in monthly, quarterly, bi-annually, yearly, or lump sum payments.
- Early retirement
- Beneficiary, pay-out
Retirement Fund
160 hours at $4.30 = $688.00 --- 1 month
$688.00 x 12 months = $8,256 --- 1 year
$8,256 x 10 years = $82,560
$8,256 x 20 years = $165,120
$8,256 x 30 years = $247,680
***** THESE CALCULATIONS DO NOT INCLUDE INTEREST *****
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