Great news! You can now view your Annuity Balance online!
Quick overview on what you should see:
- Majority have 2 accounts.
- Account A (Pre – 5/1/2018 contributions).
- Account B (Post – 5/1/2018 contributions).
- Difference Between Accounts (Both will follow 30-year Treasury rate).
- However, Account B (Post – 5/1/2018 contributions) Interest is capped at 6%.
Example:
- The March 2018 Treasury average was 3.09%
- Makes annuity rate for May 2018-April 2019 Plan year 3.09%
- Both accounts get 3.09%
- If rate was 8%:
- Account A gets 8%.
- Account B is capped at 6%.
