Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How will the 2008 market downturn affect Tier One member regular accounts?

April 26, 2017accounts affect downturn market regular Tier

0

Posted

How will the 2008 market downturn affect Tier One member regular accounts?

1 Answer

0

Posted

By law, Tier One member regular accounts must be credited annually at the assumed earnings rate, currently 8 percent. Likewise, by law, any earnings above 8 percent are reserved to ensure this 8 percent annual crediting until the last Tier One member retires.