18-03-2023, 07:06 PM
(18-03-2023, 06:09 PM)Napoleon Porlumpar Wrote: still got interest meh ?
i thought they pay you out monthly based on what you have in RA at 65yo ?
Interest and other investment returns go into the risk pool of annuities. You only get the monthly payout until death.
Compound interest is only paid before 65 to build up the final amount to enter the pool.
Why still ask compound interest??