Nassau Bonus Annuity offers a premium bonus combined with robust growth potential and options for generating future income. Nassau Bonus Annuity Plus SM helps increase retirement savings with our highest premium bonus and competitive total accumulation potential.This employee bonus policy template is ready to be tailored to your company's needs and can be a starting point for setting up your employment policies. Step 1: Complete the taxpayer information section. Annual Bonuses: Paid out in the first quarter of the following fiscal year. This timing allows for a comprehensive review of the previous year's performance. Applicable on all cabin categories for new bookings only. Read a sample Read a sample. By tweaking and adding information to this bonus award letter template, you can easily announce bonuses and encourage your employees. Location: Massachusetts, U.S. This isn't for a new hire, but an existing employee.