EMPLOYMENT LETTER OF REFERENCE A formal letter of reference written on the company’s letterhead should state the period during which your applicant worked for them and their position in the company. Do not expect the letter to include their compensation package. Instead, it will serve as verification that the applicant does work for the firm. Unfortunately, such a letter can be easily forged, but fortunately, you can order an AAOA Employment Verification to confirm the letter’s legitimacy. ANNUITY STATEMENT There are several types of annuities. For instance, a renter could receive annuity from an inheritance. Or an annuity can be a contract between a buyer and an insurance company that provides the buyer with a regular series of payments in return for a lump-sum payment. An annuity is most commonly used to establish a steady stream of income in retirement. However, this money could have an end date, so be sure to check the date of expiration on the annuity statement. COURT-ORDERED AWARDS LETTER If your applicant is receiving mandated income from a court-ordered alimony or child support case, they can supply you with a copy of the court order. However, this letter will only show you the original order. It does not indicate whether the order has been appealed or stalled, preventing the applicant from receiving all the money awarded to them. UNEMPLOYMENT STATEMENT If a renter is receiving unemployment benefits, they can request an Unemployment Statement from the state unemployment office. This money is guaranteed income from the government, but it may run out, so be sure to check the expiration date (if applicable) on the unemployment statement.
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